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821 COLLINGWOOD Street

$ 20,000
in
821 COLLINGWOOD ST ,
5
Active

Description

Great for experienced investors. Looking for a buyer to rehab this multi-family home, included are four adjacent lots (825,833,839,and 845 Collingwood). The lot is to be used for parking or green space for future tenants of this building.The seller is the Detroit Land Bank Authority. 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. Please see attached documents for DLAB requirements. BATVAI

Address

Address: 821 COLLINGWOOD ST
City:
State/County:
Zip: 48202
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Details

Property Id : 26335
Price: $ 20,000
Bedrooms: 4
Bathrooms: 4
Building size: 0.14 acres
Available Space: 4216 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Colonial
Basement Type: Unfinished
Baths Full: 4
Baths Half: 0
CDOM: 17
CoList Agent MUI: 22937
CoList Agent Direct Work Phone: 2484402268
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: SOUTH ON WOODWARD FROM DAVISON FWY TO COLLINGWOOD EAST ON COLLINGWOOD TO PROPERTY
Directions From EastWest: E
Directions From EastWest Detail: WOODWARD
Directions From NorthSouth: S
Directions From NorthSouth Detail: HAMILTON AVE
DOM: 17
Exterior Features: ENERGY STAR® Qualified Solar Light Tubes
Foundation Details: Basement
Foundation Materials: Brick
Frontage Feet: 42
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: 142857.1429
Lockbox Location: Front Door
Lock Box Type: Lock Box
Living Area Source: Public Records
Lot Size Dimensions: 42.50X143.00
MLS: Realcomp II Ltd
MLS Area Major: Det: Livernois-I75 6-Gd River
MLS Area Major Number: 05043
MLS Number: 219097147
Monthly Rental Income: 0
Number Of Units Leased: 0
Annual Net Income: 0.00
Number Of Units Total: 4
Original List Price: 20000.00
Ownership Status: Government Owned,Short Sale - No
Parcel Number: W04I002898S
Postal City: Detroit
Property Type: Multifamily
Protection Period: IMMED
Pets Allowed: Yes
Porch Type: Porch - Covered
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 13400.0000
Street Name: COLLINGWOOD
Street Number: 821
Street Suffix: Street
Subdivision Name: GREENLAWN SUB BEING SLY 6 82 FT
Sqft Combined: 4216
Sqft Total Bsmt: 2068
Table: Multi Family
Tax Amount Summer: 775.4300
Tax Amount Winter: 52.7500
Tax Legal Description: S COLLINGWOOD W 27.50 FT 34 E 15 FT 35 & VAC CANIFF RD IN REAR GREEN LAWN SUB L15 P58 PLATS, W C R 4/92 42.50 X 143
Title: Government - Owned
Total Tax: 828.1800
Unit Count: 1
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 Source: Municipal Water,Water at Street
Year Built: 1919
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Existing Lease: 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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