2903 MONTGOMERY Street, Detroit, MI 48206

• 11,392 sqft

Property Description

Calling all investors to update this 13 unit brick apartment building. No interior access. Included in the deal is the vacant land across the street (2747 Montgomery).The lot is to be used for parking or green space for future tenants of this building. Buyer needs to eliminate exterior blight within 180 days of purchase. Compliance for eliminating exterior blight is windows, doors installed, holes in exterior & roof fixed, exterior lighting, register property as vacant with BSEED. 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. 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 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. BATVAI Please see attached docs.

Listing Status:

Active

Data Last Updated:

September 24, 2026 at 2:43AM

Listing Office:

RCH Brokerage Legacy Inc : 2484402268

Listing Agent:

Leonard A Pickett III : 2484402268

MLS ID:

20251012652

Interior

• Heating: Natural gasSteam

Construction

• Roofing: Rubber
• General: BrickThreeBasementBrick mortar

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Detroit
• County: Wayne

Lot

• Zoning: S MONTGOMERY 234 MONTCLAIR LAND CO LTD SUB L28 P18 PLATSW C R 12/101 46.53 X 106.65W12I001592S
• Current Use: Multi family

Utilities

• Water: Public
• Sewer: Public sewer

Financial

• Source: Realcomp II Ltd