12610 Northlawn St, Detroit, MI 48238

$19,000
3
BD
1
BA
1,344
SqFt

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List Price
$19,000
MLS#
20250037211
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
1,344
Subdivision
HOLDEN JAS S CO CLOVERLAW N (PLATS)

Property Description

Attention investors and fix-flip specialists!! Bring your tools to this new project. Located just west of I-96 and minutes from Downtown. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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
1924
Basement Type
Unfinished
Foundation
Basement, Brick/Mortar
Acres
0.09
Style
Colonial
Acres
0.09
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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Calculator source: Real Geeks

Courtesy of Bellabay Realty Tri Counties 2482746614