Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
Bring your creative ideas to remodel this brick home located in Detroit's historic U of D, Marygrove District. Zoned R2. House sits in walking distance of the " Avenue of Fashion." This colonial features 5 bedrooms and 3 baths. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter. 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. BATVAI. See attached documents for DLBA requirements and offer submission information.
This listing courtesy of:
RCH Brokerage Legacy Inc, Leonard A Pickett III
Your BAH amount is for the military housing area.
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 - $--- BAH = $--- Remaining
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53.65% of housing units are renter occupied.
18.25% are vacant.
The median travel time to work is 23 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.