$39,900 for Sale
1955 hazelwood, detroit, MI 48206
| Beds 4 | Baths 1 | 2,546 Sqft | 0.10 Acres |
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Property Description
Bring your hard hat and vision because this one is a winner. Down to the studs and waiting for that savvy investor. Located in popular Virginia Park, near Henry Ford Hospital and Motown Museum developments, entertainment and minutes from the downtown area. You don't want to miss this opportunity! House needs a complete rehab. 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: $39,900
Price/SqFt: $16
Status: Active
MLS#: rcomi60960313
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: joy farm sub
Acres: 0.1
Lot Dimensions: 35X123.16
Bedrooms:4
Bathrooms:1 (1 full, 0 half)
House Size: 2,546 sq.ft.
Acreage: 0.1 est.
Year Built: 1919
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1: 5x5
Bedroom 2 : 2x4
Bedroom 3: 2x2
Bedroom 4: 2x2
Family Room:
Greatroom:
Dinning Room:
Kitchen: 10x10
Livingroom: 15x12
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
HOA fees:

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Listing By: Natasha Richards of Bellabay Realty Tri Counties, Phone: 248-274-6614