$39,000
Est. payment /mo
4 Beds
2 Baths
1,495 SqFt
Coming Soon
3814 Montgomery Street Detroit, MI 48206
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,495 sqft
Price per Sqft $26
MLS Listing ID 20261037253
Bedrooms 4
Full Baths 2
Year Built 1915
Annual Tax Amount $2,181
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 52.5X107
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Attention investors, check out this latest offering from the Detroit Land Bank Authority. Welcome to an incredible investment opportunity in the Petoskey-Otsego neighborhood with 3 bedrooms, 1 bathroom, and over 1,400 sq. ft. of living space. Property requires a full renovation, offering investors a chance to restore a classic Detroit home. Spacious layout with original character still intact. Please note that the DLBA 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 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. Located minutes from Downtown Detroit, this home sits on a spacious lot with strong neighborhood potential. Recent sales of renovated homes in the area suggest an ARV in the $215k+ range, depending on finishes and scope of work.
Location
State MI
County Wayne
Direction W DEXTER E W GRAND BLVD
Interior
Heating Forced Air
Exterior
View Y/N No
Roof Type Asphalt
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W14I002647S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition {"Other":true}
Listed by RE/MAX Leading Edge
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION