3740 Rochester St, Detroit, MI 48206

$10,000
4
BA
4,030
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$10,000
MLS#
20230020319
Status
ACTIVE
Bathrooms
4
Subdivision
MC QUADES DEXTER BLVD (PLATS)

Property Description

This property is sold in a bundle with 2 vacant lots 3724 and 3734 Rochester. Not sold separately. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

Additional Information

Year Built
1924
Basement Type
Unfinished
Acres
0.10
Style
Colonial
Acres
0.10
School District
Detroit
Heating
Forced Air, Natural Gas

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of RCH Brokerage Legacy Inc 2484402268