2660 Wreford St, Detroit, MI 48208

$18,500
4
BD
1
BA
1,280
SqFt

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List Price
$18,500
MLS#
20251057032
Status
ACTIVE
Bedrooms
4
Bathrooms
1
Total Square Footage
1,280
Subdivision
COURTNEYS SUB

Property Description

Calling all investors. This property is zoned R5 and is located in Detroit's Goldberg neighborhood. 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
1895
Basement Type
Unfinished
Foundation
Basement, Poured Concrete
Acres
0.08
Style
Colonial
Acres
0.08
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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Courtesy of RCH Brokerage Legacy Inc 2484402268