4753 Mount Elliott Street, Detroit, Michigan 48207

$7,500

Property Details

MLS#: 20251036421
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,198
Price per Sqft: $6
Lot Size: 0.13 acres
Year Built: 1900
Property Type: Residential
Status: Active
Days on Market: 347

Market Analysis

Estimated Value (CMA): $38,336
Area Avg Price/Sqft: $50
This Property: $6/sqft ($44 below area average)
Price Position: -87.0% vs comparable homes
Comparable Properties Analyzed: 4

Description

Wait till you see this investment opportunity! 3 Bedroom 1 Bath Bungalow waiting on your personal touch. This one won't last long! 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 4753 Mount Elliott Street?

4753 Mount Elliott Street is listed at $7,500, or $6 per square foot.

How many bedrooms does 4753 Mount Elliott Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,198 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) 484-4696

Email: info@sonicrealty.com

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