9359 Broadstreet Avenue, Detroit, Michigan 48204

$16,000

Property Details

MLS#: 20251036427
Bedrooms: N/A
Bathrooms: 4
Square Feet: 5,198
Price per Sqft: $3
Lot Size: 0.13 acres
Year Built: 1924
Property Type: ResidentialIncome
Status: Active
Days on Market: 153

Description

Great Investment Opportunity, 4 Family Unit with over 5,000 square feet is located just minutes from Henry Ford Hospital, Motown Museum, and a short drive or bike ride to downtown. Bring your hard hat and your vision to bring this property back to life! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.

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 9359 Broadstreet Avenue?

9359 Broadstreet Avenue is listed at $16,000, or $3 per square foot.

How many bedrooms does 9359 Broadstreet Avenue have?

This property has N/A bedrooms and 4 bathrooms, with 5,198 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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