$35,000

1057 E Grand Boulevard, Detroit, MI 48207

  • 3 baths |
  • 3,549 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $10/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Great Opportunity for investors. This brick duplex is zoned R5 located in Detroit's Gratiot-Grand 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.

Listing Status:
Active
Listing Office:
RCH Brokerage Legacy Inc : 2484402268
Listing Agent:
Leonard A Pickett III : 2484402268
MLS ID:
20251056840
  • Basement: Unfinished
  • Heating: Forced airNatural gas
  • Style: ColonialDuplex
  • Pool: None
  • General: BrickTwoBasementPoured
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2023. W E GRAND BLVD 3 ASSESSORS PLAT OF PT OF PC 678 L66 P52 PLATSW C R 15/276 45 X 123.50W15I007960S
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Leonard A Pickett III, RCH Brokerage Legacy Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Nichols Elementary-Middle School

3000 Burns St, Detroit, MI, 48214

Grades PK-8

1.04 miles away

N

Nichols Elementary-Middle School

3000 Burns St, Detroit, MI, 48214

Grades PK-8

1.04 miles away

M

Martin Luther King Jr. Senior High School

3200 E Lafayette St, Detroit, MI, 48207

Grades 9-12

1.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.