Description
Property needs a full rehab top to bottom, but don't let that scare you away!! this 5 unit is looking for the right investor and will certainly turn a profit on this corner lot with great potential. sale contingent on buyer/seller executed development agreement. all offers must be supported by proof of funds for both purchase price and construction costs. 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.
Property Type
MultifamilySubdivision
The Mc Erlane Joy Rd Sub (plats)County
WayneStyle
ColonialAD ID
50051980
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 5
- Full Baths: 5
Interior Features
- Basement Description: Unfinished
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1928
- Building Stories: 2 Story
- Total Units: 5
- Foundation/Basement: Basement
- Architecture: Colonial
Exterior Features
- Construction: Brick
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
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Property / Lot Details
Lot Information
- Lot Size: 0.10
- Dimensions: 44.00X100.00
Property Information
- SQ ft: 4890
- Subdivision: THE MC ERLANE JOY RD SUB (PLATS)
- Financing: Cash
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Listing Information
Listing Price Information
- Original List Price: $8,000
Listing Information
- Possession: At Close
- Legal Description: N CLAIRMOUNT 59 THE MC ERLANE JOY RD SUB L34 P6 PLATS, W C R 12/186 43.86 X 100
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Taxes / Assessments
Tax Information
- Annual Tax: $0
- Parcel Number: W12I002641S
Possession
- At Close
Legal Information
- Legal Description: Section: N CLAIRMOUNT 59 THE MC ERLANE JOY RD SUB L34 P6 PLATS, W C R 12/186 43.86 X 100
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Road Frontage: Paved
Unit 2 Information
- # of Bedrooms: 5
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 06/07/2025 @ 15:02
- MLS: 628212331
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 10 bedrooms which is for sale, it has 4,890 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.