18524 RIVERVIEW Street, Detroit, MI 48219

$18,000 Asking Price

3 beds
2 baths
1,141  sqft
Built in 1927

This classic full-brick bungalow offers 3 bedrooms and 1.5 bathrooms, showcasing timeless architectural appeal. While the property is in distressed condition, it presents an incredible opportunity for the right investor to restore it to its original charm. Features include a fully fenced yard, providing added privacy and outdoor space. This home is ideal for those with a vision to revitalize its potential. Don’t miss this chance to bring new life to this property! Offered by the DLBA, this is your opportunity to make an impact through restoration. 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:
Forced air, Natural gas

Exterior

Style:
Bungalow
Pool:
None
Parking:
No garage

Construction

General:
Brick, OneandOneHalf, Basement, Brick mortar

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Detroit
County:
Wayne

Lot

Zoning:
E RIVERVIEW 132 AND W 8 FT OF VAC ALLEY ADJ BUNGALOHILL SUB L35 P61 PLATS, W C R 22/372 35 X 140, W22I121887S

Utilities

Water:
Public
Sewer:
Public sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
Keller Williams Realty-Great Lakes, Erick Monzo

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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