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2303 FORD Street

$ 10,000
2303 FORD ST ,
48
Active

Description

Great for experienced investors. This building contains 4 apartments each unit with 1 bedroom 1 bath. The seller is the Detroit Land Bank Authority. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the Construction Costs. 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 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. Please see attached documents for requirements. BATVAI

Address: 2303 FORD ST
City:
State/County:
Zip: 48238
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Property Id : 25960
Price: $ 10,000
Bedrooms: 4
Bathrooms: 4
Building size: 0.10 acres
Available Space: 2650 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Quadruplex
Assessment: 0
Basement Type: Unfinished
Baths Full: 4
Baths Half: 0
CDOM: 103
CoList Agent MUI: 22937
CoList Agent Direct Work Phone: (248) 440-2268
CoList Agent Email: cwilson@rchlegacy.com
CoList Agent FullName: Clarence R Wilson
CoList Agent MLSID: 327151
CoList Office MUI: 17104
CoList Office MLSID: 350553
CoList Office Name: RCH Brokerage Legacy Inc
CoList Office Phone: (248) 440-2268
Construction Materials: Brick
County Or Parish: Wayne
Directions: TAKE DAVISON EAST TO LINWOOD MAKE A LEFT, TAKE LINWOOD NORTH MAKE RIGHT ONTO FORD ST
Directions From EastWest: E
Directions From EastWest Detail: LINWOOD
Directions From NorthSouth: N
Directions From NorthSouth Detail: DAVISON
DOM: 103
Foundation Details: Basement
Foundation Materials: Poured
Frontage Feet: 30
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: New
List Office Name: RCH Brokerage Legacy Inc
List Price By Acre: 100000.0000
Lock Box Type: Appointment
Living Area Source: Public Records
Lot Size Dimensions: 30X100
MLS: Realcomp II Ltd
MLS Area Major: Det: Livernois-I75 6-Gd River
MLS Area Major Number: 05043
MLS Number: 219054767
MF Parking: On Street
Monthly Rental Income: 0
Number Of Units Leased: 0
Annual Net Income: 0.00
Number Of Units Total: 4
Original List Price: 10000.00
Ownership Status: Government Owned,Short Sale - No
Parcel Number: W08I004776S
Postal City: Detroit
Postal Code Plus 4: 4906
Property Type: Multifamily
Protection Period: 90 DAYS
Road Frontage Type: Paved
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Source: PRD
Street Name: FORD
Street Number: 2303
Street Suffix: Street
Subdivision Name: ROBERT OAKMANS TWELFTH ST (PLATS)
Sqft Combined: 2650
Sqft Total Bsmt: 2000
Table: Multi Family
Tax Amount Summer: 0.0000
Tax Amount Winter: 0.0000
Tax Legal Description: S FORD 411 R OAKMANS 12TH ST SUB L34 P90 PLATS, W C R 8/145 44.77 IRREG
Title: Government - Owned
Total Tax: 0.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 4
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1930
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via RCH Brokerage Legacy Inc and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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