$10,000
Pending

3726 TYLER STREET

Detroit, MI 48238
2600 sqft | 2.5 baths | #20230080634
Browse 6 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Great opportunity for experienced investors. Property located in Detroit's Russell Woods Community. Buyer must submit a proposal to purchase, including construction plans & financing plan w/ Proof Of Fund or Pre-App letter on a new construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements.

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths2.10
      • Bathrooms2.5
      • Full Baths2
      • Half Baths1
  • Property Details
      • Square Feet2600
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1927
  • Community and Neighborhood Details
      • ZoningResidential
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$10,000
  • Other
      • MLS #20230080634

Location

Theresa ColemanReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00