9033 LAWTON Street, Detroit, Michigan 48206

$5,000

Property Details

MLS#: 20240024380
Bedrooms: 2
Bathrooms: 1
Square Feet: 1,000
Price per Sqft: $5
Lot Size: 0.02 acres
Year Built: 1923
Property Type: Residential
Status: Active
Days on Market: 657

Market Analysis

Estimated Value (CMA): $130,000
Area Avg Price/Sqft: $61
This Property: $5/sqft ($56 below area average)
Price Position: -92.0% vs comparable homes
Comparable Properties Analyzed: 3

Description

Great investment opportunity, 3 properties for the price of 1! Subject address is included as part of a 3 property bundle sale totaling $15,000. Addresses include 9021, 9031 Lawton. Close to major freeways and more! Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $5,000 per property. Sale contingent on buyer/seller executed development agreement. 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 9033 LAWTON Street?

9033 LAWTON Street is listed at $5,000, or $5 per square foot.

How many bedrooms does 9033 LAWTON Street have?

This property has 2 bedrooms and 1 bathrooms, with 1,000 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) 484-4696

Email: info@sonicrealty.com

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