Great investment. DLBA-owned side by side duplex with 3 bed in each unit property located in the Wildemere Park neighborhood. Sold with 3257 Hogarth St for a total of $70000. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing.
Listed By
Agency Name: Atlas Properties Inc
Agency Phone: (313) 598-2566
Shown By
Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty
Estimated Payment
$ 411.98 per month $391.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $20.42 Homeowner's Insurance
3255 Hogarth Street | MLS# 20251060754
This multi-family property located at 3255 Hogarth Street, Detroit, MI 48206 is currently listed for sale with an asking price of $70,000. Hogarth Street is located within the Detroit school district. Search Detroit real estate on www.therealtycouple.com today.