14531 Lappin St, Detroit, MI 48205

$20,000
3
BD
1
BA
1,180
SqFt

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List Price
$20,000
MLS#
20240079179
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
1,180
Subdivision
GRATIOT AMERICAN PARK

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. 3 Bedroom frame colonial in need of a total rehab offered in a 3 home package for one price all on the same street. Sale includes 14390 and 14578 Lappin as well. 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/or 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. Please refer to DLBA proposal guidelines

Additional Information

Year Built
1926
Basement Type
Unfinished
Foundation
Basement, Poured Concrete
Acres
0.10
Style
Colonial
Acres
0.10
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Spaces
1
Garage Description
1 Car, Detached

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Courtesy of Real Estate One-Southfield 2487230055