2704 Hogarth Street, Detroit, Michigan 48206

$25,000

Property Details

MLS#: 20261012023
Bedrooms: N/A
Bathrooms: 4
Square Feet: 3,862
Price per Sqft: $6
Lot Size: 0.1 acres
Year Built: 1921
Property Type: ResidentialIncome
Status: Active
Days on Market: 11

Description

Welcome to the latest offering from the Detroit Land Bank Authority. This 4 unit brick Quadruplex features 4 two bedroom units with over 3000 sq ft of living space. Located just a stone's throw from the New Center area, this home has a ton of potential. This home needs an extensive amount of rehab, but will prove to be a fine addition to any investment portfolio. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 2704 Hogarth Street?

2704 Hogarth Street is listed at $25,000, or $6 per square foot.

How many bedrooms does 2704 Hogarth Street have?

This property has N/A bedrooms and 4 bathrooms, with 3,862 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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