$8,300

5761 Missouri Street

Detroit MI, 48208

Description

3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5709, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. 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 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.

Details

MLS#2200083635
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1910
Days On Site187

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,448
Story(s)2 Story
Acreage0.07

Market Activity 48208

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Area Information
StateMI
CountyWayne
CityDetroit
Zip Code48208
AreaDet: Livernois-I75 6-Gd River
Community NameMARY A DAMMS SUB (PLATS)
School DistrictDetroit
Listing VS Median (in MARY A DAMMS SUB (PLATS))
Price:
$8,300
low | high
Med:
$8,300
50% of Average
SqFt:
1,448
low | high
Med:
2,135
2.589779005525% of Average
$ / SqFt:
$6
low | high
Med:
$4
74.335342077278% of Average
On Site:
187
low | high
Med:
187
100% of Average
Sourced by Back At You
Listing Updated: April 13, 2021 8:05:48 PM PDT
Natasha C Richards LogoMLS Number: 2200083635
Listing Provided By:
Natasha C Richards  of  Bellabay Realty Tri Counties
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