3740 ROCHESTER Street, Detroit, Michigan 48206

$10,000

Property Details

MLS#: 20230020319
Bedrooms: N/A
Bathrooms: 4
Square Feet: 4,030
Price per Sqft: $2
Lot Size: 0.1 acres
Year Built: 1924
Property Type: ResidentialIncome
Status: Active
Days on Market: 1071

Description

This property is sold in a bundle with 2 vacant lots 3724 and 3734 Rochester. Not sold separately. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

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 3740 ROCHESTER Street?

3740 ROCHESTER Street is listed at $10,000, or $2 per square foot.

How many bedrooms does 3740 ROCHESTER Street have?

This property has N/A bedrooms and 4 bathrooms, with 4,030 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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