12326 Garnet St, Detroit, MI 48205

$48,000
3
BD
1
BA
994
SqFt

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List Price
$48,000
MLS#
20240026899
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
994
Subdivision
THOMAS HITCHMANS SUB OF PT SEC 12 (PLATS)

Property Description

Great invest opportunity offering a brick ranch with full basement and attached garage that includes 7 lots, 13037, 13047, 13053, 13057, 13059, 13079 & 13089 Houston-Whittier. These lots are to primed for development, so don't sleep on this opportunity. 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.

Additional Information

Year Built
1967
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.12
Style
Ranch
Acres
0.12
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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Courtesy of Bellabay Realty Tri Counties 2482746614