3814 Montgomery Street, Detroit, Michigan 48206
$19,999
Property Details
- MLS#: 20261067423
- Bedrooms: 4
- Bathrooms: 1
- Square Feet: 1,495
- Price per Sqft: $13
- Lot Size: N/A
- Year Built: 1915
- Property Type: Residential
- Transaction: For Sale
- Listing Status: Active
- Days on Market: 39
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
Attention investors, check out this latest offering from the Detroit Land Bank Authority. Welcome to an incredible investment opportunity in the Petoskey-Otsego neighborhood with 3 bedrooms, 1 bathroom, and over 1,400 sq. ft. of living space. Property requires a full renovation, offering investors a chance to restore a classic Detroit home. Spacious layout with original character still intact. Please note that the DLBA 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 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. Located minutes from Downtown Detroit, this home sits on a spacious lot with strong neighborhood potential. Recent sales of renovated homes in the area suggest an ARV in the $215k+ range, depending on finishes and scope of work.
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 3814 Montgomery Street?
3814 Montgomery Street is listed at $19,999, or $13 per square foot.
How many bedrooms does 3814 Montgomery Street have?
This property has 4 bedrooms and 1 bathrooms, with 1,495 square feet of living space.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com
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