12052 American Street, Detroit, MI 48204 1127
12052 American Street, Detroit, MI 48204 1127
12052 American Street, Detroit, MI 48204 1127
12052 American Street, Detroit, MI 48204 1127
12052 American Street, Detroit, MI 48204 1127
12052 American Street, Detroit, MI 48204 1127
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 22,500
Est. payment | /mo

3 Beds

1 Bath

1,364 SqFt

Save
$ 22,500
Est. payment | /mo
Save

3 Beds

1 Bath

1,364 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,364 sqft

Price per Sqft $16

Subdivision Green

MLS Listing ID 61028759

Style 2 Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,364

Year Built 1918

Annual Tax Amount $856

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X108

Property Sub-Type Single Family

Property Description

REDEVELOPMENT OPPORTUNITY NEAR OAKMAN BOULEVARD! Bring your vision to this spacious Detroit home offering an exciting opportunity for an investor, developer, or experienced rehabber. Featuring generous living space, original hardwood flooring, and plenty of potential for renovation and value creation, this property is ready for its next chapter. Conveniently located near the popular Oakman Boulevard corridor with easy access to major thoroughfares, neighborhood amenities, and surrounding Detroit communities. Property is being sold as-is with clean title. Buyer and buyer's agent to verify all measurements, property information, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, as determined following DLBA review of the development pro forma and financing.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Garage No

Building

Story 2 Story

Foundation Basement

Water Public Water, Public Water at Street

Architectural Style Colonial

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Government Owned

Energy Description Natural Gas

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Next Level Realty & Investments
Nearby Locations
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN 55432, USA

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12052 American Street