$20,000

4021 Elmhurst Street, Detroit, MI 48204

2 baths |
2,414 sqft

Multi-Family Home
Built in 1925
3,049sqft lot
—— car garage
$8/sqft
Listed 1 day ago

Property Description

Great opportunity to invest in the city of Detroit. This brick multi-family home is located in Detroit's Nardin Park neighborhood and zoned R2.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:: 20251060934

Basement: Unfinished
Heating: Forced airNatural gas

Style: Colonial
Pool: None

General: BrickTwoBasementBlock

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

Zoning: S ELMHURST 219 LEWIS & CROFOOTS SUB NO 4 L26 P84 PLATSW C R 14/192 30 X 104W14I004100S

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

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.38 miles away

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.38 miles away

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

0.87 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.