$28,000 for Sale
4288 webb street, detroit, MI 48204
| Beds 3 | Baths 3 | 3,974 Sqft | 0.11 Acres |
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Property Description
Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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.
General Information
Sale Price: $28,000
Price/SqFt: $7
Status: Active
MLS#: 20240024633
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: stacks lovett ave (plats)
Acres: 0.11
Lot Dimensions: 45.00 x 104.00
Bedrooms:3
Bathrooms:3 (3 full, 0 half)
House Size: 3,974 sq.ft.
Acreage: 0.11 est.
Year Built: 1926
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom:
Bedroom:
Bedroom - Primary:
Bath - Full:
Bath - Full:
Bath - Full:
Kitchen:
Living Room:
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
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 WEBB 181 STACKS LOVETT AVE SUB L37 P100 PLATS, W C R 14/200 44.71 X 104
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Natasha C Richards of Bellabay Realty Tri Counties, Phone: (248) 274-6614
