3196 LOCKWOOD Street Active

Detroit,MI 48210

$ 5000

2 Beds

2 Baths

2000 SqFt


Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $2

Subdivision Mc Millans & Whitings Sub Of O L 44

MLS Listing ID 20240034677

Style Bungalow

Bedrooms 2

Full Baths 2

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1905

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 30X147

Property Description

Great for experienced investors. 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. Please see attached documents for DLBA guidelines.

Location

State MI

County Wayne

Area Det South Of Grand River

Direction TAKE MICHIGAN AVE HEADED EAST PASS JUNCTION MAKE RIGHT ONTO LOCKWOOD

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Description No Garage

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Wood

Schools

School District Detroit

Others

Tax ID W16I010522S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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