$35,000
For Sale

650 MELBOURNE STREET

Detroit, MI 48202
1360 sqft | 4 beds | 1.5 baths | #20240050826
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to your new home in the desirable Northend neighborhood! This spacious 4-bedroom, 1.5-bathroom home offers plenty of room for family and friends.
Important Note: Buyer is responsible for $5,000 in taxes due at closing, in addition to the purchase price. This property is being sold as is. 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 abatement 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

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths1.10
      • Bathrooms1.5
      • Bedrooms4
      • Full Baths1
      • Half Baths1
  • Property Details
      • Square Feet1360
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1911
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$35,000
  • Other
      • MLS #20240050826

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
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Loan Amount
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