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$ 29,900


Redevelopment Opportunity. Vacant 13 Unit apartment building; formerly (8) efficiency units and (5) 1 bedroom units. Also included in this sale is the adjacent 52 x 110 ft parcel (2939 Northwestern Street) that could serve as excellent parking or additional building site. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller will consider a rehab proposal or a tear down & new build proposal. If the Buyers Offer to Purchase includes a new build proposal, the Purchaser shall present construction plans or precedent architectural images of proposed development. Seller Addendum’s to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions.

Zip: 48206
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Property Id : 26336
Price: $ 29,900
Bedrooms: 5
Bathrooms: 13
Building size: 0.12 acres
Available Space: 6075 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Common Entry Building,Upper/Lower Apartment
Assessment: 0
Basement Type: Unfinished
Baths Full: 13
Baths Half: 0
CDOM: 29
Construction Materials: Brick
County Or Parish: Wayne
Directions: 2 Blocks North of W Grand Blvd., Between Dexter & Linwood
Directions From EastWest: E
Directions From EastWest Detail: Dexter Ave
Directions From NorthSouth: N
Directions From NorthSouth Detail: W Grand Blvd
DOM: 29
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 48
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: Price Decrease
List Office Name: Premier Property Services LLC
List Price By Acre: 249166.6667
Lock Box Type: Appointment
Living Area Source: Public Records
Lot Size Dimensions: 48.00 X 110.00
MLS: Realcomp II Ltd
MLS Area Major: Det: Livernois-I75 6-Gd River
MLS Area Major Number: 05043
MLS Number: 219097213
MF Parking: On Street
Monthly Rental Income: 0
Number Of Units Leased: 0
Annual Net Income: 0.00
Number Of Units Total: 13
Original List Price: 45000.00
Ownership Status: Government Owned,Short Sale - No
Parcel Number: W12I001266S
Postal City: Detroit
Postal Code Plus 4: 2909
Property Type: Multifamily
Protection Period: 180
Pets Allowed: Size Limit
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 45000.0000
Street Number: 2929
Street Suffix: Street
Subdivision Name: CROSMAN & MC KAYS SUB (PLATS)
Sqft Combined: 6075
Sqft Total Bsmt: 800
Table: Multi Family
Tax Amount Summer: 0.0000
Tax Amount Winter: 0.0000
Tax Legal Description: S NORTHWESTERN 151 E 18 FT OF 152 CROSMAN & MC KAYS SUB L17 P98 PLATS, W C R 12/98 48 X 110
Title: Government - Owned
Total Tax: 0.0000
Unit Count: 0
Unit Efficiency Number Of: 8
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 5
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Source: Water at Street
Year Built: 1924
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Land Contract: No
Legal Rental Certified: 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 Premier Property Services LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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