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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
30
Photos
3
beds
2
baths
1,440
sqft
Built in
1926
Investor special on a THREE home bundle brought to you by the Detroit Land Bank Authority! These homes on Detroit's eastside has a ton of potential and could easily be turned into a single family residence and/or income generating duplexs! THE ADDRESSES INCLUDED IN THIS BUNDLE ARE 20228 PACKARD, 20247 CARRIE, AND 20238 HELEN. THEY MUST BE PURCHASED TOGETER. TOTAL LISTING PRICE IS $24,000. Please note that the DLBA 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.
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Natural Gas, Forced Air
Exterior
- General:
- Vinyl Siding
- Style:
- Bungalow
Construction
- General:
- 1 1/2 Story, Basement
Location
- Road/Access:
- Paved Street
- Originating MLS:
- RealComp
- School District:
- Detroit City School District
- County:
- Wayne
Lot
- Zoning:
- E PACKARD 371 BASELINE SUB L45 P82 PLATS, W C R 15/258 35 X 116, W15I006231S
Utilities
- Water:
- Public Water at Street
- Sewer:
- Public At Street
Financial
- Source:
- RealComp
This listing courtesy of:
Keller Williams Realty-Great Lakes, Erick Monzo
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Detroit, MI
Housing
- Number of Units
- 292,561
- Median Home Value
- $70,234
- Median Rent
- $679
53.65% of housing units are renter occupied.
18.25% are vacant.
Commute
- Car
-
71.17%
- Public Transportation
-
5.99%
- Walk to Work
-
3.15%
- Work from Home
-
17.73%
- Other
-
1.42%
The median travel time to work is 23 minutes.
People
- Population
- 593,210
- Median Age
- 36.40
- Median Household Size
- 2.38
Education
- High School
-
33.32%
- Associate’s Degree
-
7.33%
- Bachelor’s Degree
-
9.43%
- Graduate Degree
-
6.96%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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