18430 Westphalia St, Detroit, MI 48205

$7,500
3
BD
1
BA
1,004
SqFt

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List Price
$7,500
MLS#
20251005630
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
1,004
Subdivision
GRATIOT MEADOWS (PLATS)

Property Description

Great for experienced investors.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 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 Please see attached documents for DLBA guidelines.

Additional Information

Year Built
1925
Basement Type
Unfinished
Foundation
Basement, Poured Concrete
Acres
0.10
Style
Bungalow
Acres
0.10
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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Calculator source: Real Geeks

Courtesy of RCH Brokerage Legacy Inc 2484402268