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2623 Fairview Street

Detroit, MI 48214
  • $5,700
  • STATUS: Active
  • ON SITE: 96 Days
  • ID#: 2210071847
UPDATED: 235 min ago
$5,700
  • 0
    BEDS
  • 0.37
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,425
    SQFT
  • $4
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Zoning:
Residential
Lot Size Dimensions:
126.00X128.00

School Ratings & Info

School District:

Description

Welcome to the latest offering from the Detroit Land Bank Authority. Brick Duplex, 2 bedrooms each unit. Perfect for investment. Needs TLC. The gem of this deal is the huge adjacent lot that accompanies the property perfect for development or whatever your creative juices will allow. 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. Please refer to DLBA proposal guidelines. A licensed agent needs to accompany all showings

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-04T23:55:59.113.
www.gkrealestateteam.com/homes/120960276
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2623 Fairview Street Detroit, MI 48214

  • Price: $5,700
  • Status: Active
  • On Site: 96 Days
  • Updated: 235 min ago
  • ID#: 2210071847
0
Beds
2
Baths
0
½ Baths
0.37
Acres
1,425
SQFT
$4
$/SQFT
1915
Built
Neighborhood:
De Vogelaers
County:
Wayne
Area:
Det: Mcclellan East/Mack To Shor
School District:
DETROIT
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. Brick Duplex, 2 bedrooms each unit. Perfect for investment. Needs TLC. The gem of this deal is the huge adjacent lot that accompanies the property perfect for development or whatever your creative juices will allow. 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. Please refer to DLBA proposal guidelines. A licensed agent needs to accompany all showings
Exterior Features

Architecture Level 1 1/2 Story Architecture Style Duplex Construction Materials Brick Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 126.00X128.00 Multifamily Parking On Street Pool YN No Road Frontage Feet 20 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Heating Gravity Heating Fuel Natural Gas Living Area Source Owner Room Count 0 Sq Ft Combined 1925 Sq Ft Lower Floor 500 Sq Ft Total Basement 500 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Existing Lease YN No Gross Scheduled Income 0.00 Income Projection Actual Land Contract YN No Listing Financing CashQuit Claims Deed Monthly Rental Income 0 Net Operating Income 0.00 Number Of Units Leased 0 Ownership Status Government OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Yes Postal City Detroit Protection Period 180 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Total Tax 0.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 2623 FAIRVIEW ST Water Source Municipal Water Zoning Residential

IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Southfield and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-04T23:55:59.113.
 
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