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$129,000
2 Baths ⋅ 20261069562 MLS ⋅ ACTIVE Status
This two-family property offers an occupied lower unit currently rented at $1,150/month and a vacant upper unit, providing an opportunity for an investor or owner-occupant to add value and generate additional income. Property is being sold AS-IS and offers plenty of potential for a buyer looking to make improvements and maximize the property’s use. Conveniently located near major roads, shopping and neighborhood amenities. Please do not disturb the tenant. Showings are limited to the vacant unit; access to the occupied unit will be provided after an acceptable offer, subject to appropriate notice. Buyer and buyer’s agent to verify all information, including but not limited to property condition, room/unit dimensions, rental information, utilities and any information material to buyer’s decision.

4798 Cortland St, Detroit

Courtesy of Front Page Properties 3138779020
$55,000
2 Baths ⋅ 20251038941 MLS ⋅ ACTIVE Status
This brick duplex offers over 2,300 square feet of living space with two spacious 2-bedroom, 1-bath units. The property is vacant and ready for renovation. Located near Broadstreet Ave and Cortland St, with easy access to Davison, Livernois, and Grand River, this property sits in the sought-after Russell Woods neighborhood known for its classic architecture and strong community presence. Zoned for residential use, this property offers strong potential for redevelopment or a new residential project. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

4274 Cortland St, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000