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2903 RICHTON Street

$ 40,000
2903 RICHTON ST ,
18
Active

Description

Great Opportunity outside of Russell Woods. This Brick Building features 4 separate units. Buyer must submit an estimated cost of renovation and proof of funds to meet the estimated costs. The seller also will require proof of the Buyer’s ability to complete this type of rehab.
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

Address: 2903 RICHTON ST
City:
State/County:
Zip: 48206
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Property Id : 23832
Price: $ 40,000
Bedrooms: 4
Bathrooms: 4
Building size: 0.32 acres
Available Space: 6934 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: 377
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 CHIGAGO HEADED EAST TO LINWOOD MAKE A LEFT. FOLLOW LINWOOD SOWN
Directions From EastWest: W
Directions From EastWest Detail: LINWOOD
Directions From NorthSouth: N
Directions From NorthSouth Detail: CHICAGO
DOM: 286
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 115
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Actual
Last Change Type: New
List Office Name: RCH Brokerage Legacy Inc
List Price By Acre: 125000.0000
Lock Box Type: Appointment/Key
Living Area Source: Public Records
Lot Size Dimensions: 115.62X120.50
MLS: Realcomp II Ltd
MLS Area Major: Det: Livernois-I75 6-Gd River
MLS Area Major Number: 05043
MLS Number: 218119986
Monthly Rental Income: 0
Number Of Units Leased: 0
Annual Net Income: 0.00
Number Of Units Total: 4
Original List Price: 40000.00
Ownership Status: Government Owned,Short Sale - No
Parcel Number: W12I003726C8
Postal City: Detroit
Postal Code Plus 4: 3401
Property Type: Multifamily
Protection Period: 0
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Source: PRD
Street Name: RICHTON
Street Number: 2903
Street Suffix: Street
Subdivision Name: LINWOOD HEIGHTS (PLATS)
Sqft Combined: 6934
Sqft Total Bsmt: 3467
Table: Multi Family
Tax Amount Summer: 0.0000
Tax Amount Winter: 0.0000
Tax Legal Description: S RICHTON 398 YHRU 400 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 115.62 X 120.50
Title: Government - Owned
Total Tax: 0.0000
Unit Count: 0
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 4
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1946
Zoning: Commercial
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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