5700 TOWNSEND Street, Detroit, Michigan 48213
$28,500
Property Details
- MLS#: 20240071565
- Bedrooms: N/A
- Bathrooms: 6
- Square Feet: 4,112
- Price per Sqft: $7
- Lot Size: 0.08 acres
- Year Built: 1912
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 505
Description
6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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.
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 5700 TOWNSEND Street?
5700 TOWNSEND Street is listed at $28,500, or $7 per square foot.
How many bedrooms does 5700 TOWNSEND Street have?
This property has N/A bedrooms and 6 bathrooms, with 4,112 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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