$4,500 for Sale
2087 meade street, hamtramck, MI 48212
Beds 2 | Baths 1 | 698 Sqft | 0.07 Acres |
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Property Description
Here is the latest offering from the Detroit Land Bank Authority. Single family home in need of extensive renovation. However, this property comes with the following vacant lots: 2091 Meade, 2097 Meade, 2111 Meade, 2115 Meade. Lots of potential here. Rehab the house and expand with the lots, Or tear down the house and re-purpose the land. The choice is yours. 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
General Information
Sale Price: $4,500
Price/SqFt: $6
Status: Active
MLS#: rcomi2210072738
City: detroit
Post Office: hamtramck
Schools: detroit
County: Wayne
Subdivision: grace and roos addition (plats)
Acres: 0.07
Lot Dimensions: 30.00X100.00
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 698 sq.ft.
Acreage: 0.07 est.
Year Built: 1919
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Aluminum
Exterior: Aluminum
Basement: No
Foundation : Crawl
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 MEADE 405 GRACE & ROOS ADD L15 P31 PLATS, W C R 9/128 30 X 100
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Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055