Description
This two bedroom two bedroom one bath bungalow presents an opportunity to invest in the developing area minutes away from downtown detroit, just west of corktown. this single family home is conveniently located close to highways, restaurants and shopping. the sparkling lights of the newly renovated train station are visible from front yard. it has been cleaned out to the studs and needs full rehab. perfect for either an investor seeking a buy and hold opportunity or a homeowner with rehab skills. is co-owned with the city of detroit land bank and will require buyer to agree to their terms. seller will guide you through the process. 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. please show with caution (indemnification waiver?). seller will consider land contract offers with a minimum of $10k down with a two year balloon at 8% for $35k. buyer must sign a hold harmless agreement to view the property. see docs.
Property Type
ResidentialSubdivision
J W Johnstons Sub (plats)County
WayneStyle
RanchAD ID
49388213
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 2
Bathroom Information
- Total Baths: 1
- Full Baths: 1
Room Information
- Total Rooms: 3
Interior Features
- Basement Description: Unfinished
Heating & Cooling
- Heating: Hot Water
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1900
- Building Stories: 1 Story
- Foundation/Basement: Basement
- Architecture: Ranch
Exterior Features
- Construction: Wood
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
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Property / Lot Details
Lot Information
- Lot Size: 0.07
- Dimensions: 33.00 x 90.00
Property Information
- SQ ft: 566
- Subdivision: J W JOHNSTONS SUB (PLATS)
- Financing: Cash,Contract
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Listing Information
Listing Price Information
- Original List Price: $30,000
Listing Information
- Possession: At Close
- Legal Description: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2027. W WILLIAMS S 33 FT 116 J W JOHNSTONS SUB L1 P225 PLATS, W C R 12/43 33 X 90A
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Taxes / Assessments
Tax Information
- Annual Tax: $749
- Parcel Number: W12I007188S
Possession
- At Close
Legal Information
- Legal Description: Section: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2027. W WILLIAMS S 33 FT 116 J W JOHNSTONS SUB L1 P225 PLATS, W C R 12/43 33 X 90A
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage Size: No Garage
Multi-Unit Information
- Road Frontage: Paved
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/20/2025 @ 19:57
- MLS: 625247504
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Home, with 2 bedrooms which is for sale, it has 566 sqft, 0 sized lot, and No Garage parking. are nearby neighborhoods.