Welcome to the latest offering from the Detroit Land Bank Authority. This 4 unit brick Quadruplex features 4 two bedroom units with over 3000 sq ft of living space. Located just a stone's throw from the New Center area, this home has a ton of potential. This home needs an extensive amount of rehab, but will prove to be a fine addition to any investment portfolio. 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/or 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 refer to DLBA proposal guidelinesBe advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review
Listed By
Agency Name: Real Estate One-Southfield
Agency Phone: 2487230055
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimated Payment
$ 333.88 per month $139.84 Principal & Interest $186.75 Property Tax $7.29 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2704 Hogarth Street | MLS# 20261012023
This multi-family property located at 2704 Hogarth Street, Detroit, Mi 48206 is currently listed for sale with an asking price of $25,000. Hogarth Street is located within the Detroit school district. Search Detroit real estate on www.hardingrealestateteam.com today.