4613 MELDRUM Street, Detroit, Michigan 48207

$4,250

Property Details

MLS#: 2210096678
Bedrooms: N/A
Bathrooms: 2
Square Feet: 2,878
Price per Sqft: $1
Lot Size: 0.07 acres
Year Built: 1912
Property Type: ResidentialIncome
Status: Active
Days on Market: 1556

Description

Welcome to the latest offering from the Detroit Land Bank Authority. Brick 2 family flat in need of a total rehab. This property also includes the adjacent lots at 4603 Meldrum and 4619 Meldrum. 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. 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 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

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 4613 MELDRUM Street?

4613 MELDRUM Street is listed at $4,250, or $1 per square foot.

How many bedrooms does 4613 MELDRUM Street have?

This property has N/A bedrooms and 2 bathrooms, with 2,878 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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