Veterans United Realty
9 Photos

3196 Lockwood St, Detroit, MI 48210

$5,000 Asking Price

2 beds
2 baths
2,000  sqft
Built in 1905

Great for experienced investors. Please note that the Detroit Land Bank Authority 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. Please see attached documents for DLBA guidelines.


Listing Status:
Active
Date Added:
May 22, 2024 — 30 days ago
Listing Office:
RCH Brokerage Legacy Inc, Leonard A Pickett (313-510-7887)
Office Phone:
248-440-2268
MLS ID:
60309813

Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Hot Water

Exterior

General:
Wood
Style:
Bungalow

Construction

General:
1 1/2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
County:
Wayne

Lot

Zoning:
E LOCKWOOD 199 MCMILLAN & WHITING SUB L14 P97 PLATS, W C R 16/76 30 X 146.61, W16I010522S

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp
Buyers Agent Compensation:
Yes Dollar

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

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last Updated: June 20, 2024 2:45 pm.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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