$20,000 for Sale
14531 lappin street, detroit, MI 48205
Beds 3 | Baths 1 | 1,180 Sqft | 0.10 Acres |
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Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 3 Bedroom frame colonial in need of a total rehab offered in a 3 home package for one price all on the same street. Sale includes 14390 and 14578 Lappin as well. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
General Information
Sale Price: $20,000
Price/SqFt: $17
Status: Active
MLS#: 20240079179
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: gratiot american park
Acres: 0.1
Lot Dimensions: 35.00 x 127.00
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,180 sq.ft.
Acreage: 0.1 est.
Year Built: 1926
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Paved Road: Paved
Garage: 1 Car
Garage Description: Detached
Construction: Aluminum
Exterior: Aluminum
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: N LAPPIN 333 GRATIOT AMERICAN PARK SUB L38 P55 PLATS, W C R 21/707 35 X 127.3
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055