4274 Cortland Street, Detroit, Michigan 48204

$55,000

Property Details

  • MLS#: 20251038941
  • Bedrooms: N/A
  • Bathrooms: 2
  • Square Feet: 2,324
  • Price per Sqft: $24
  • Lot Size: N/A
  • Year Built: 1924
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active
  • Days on Market: 374

Tax and Assessment Information

Tax and assessment information is unavailable.

Description

This brick duplex offers over 2,300 square feet of living space with two spacious 2-bedroom, 1-bath units. The property is vacant and ready for renovation. Located near Broadstreet Ave and Cortland St, with easy access to Davison, Livernois, and Grand River, this property sits in the sought-after Russell Woods neighborhood known for its classic architecture and strong community presence. Zoned for residential use, this property offers strong potential for redevelopment or a new residential project. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

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 4274 Cortland Street?

4274 Cortland Street is listed at $55,000, or $24 per square foot.

How many bedrooms does 4274 Cortland Street have?

This property has N/A bedrooms and 2 bathrooms, with 2,324 square feet of living space.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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