3196 LOCKWOOD Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48210
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Pending
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $4
Subdivision Mc Millans & Whitings Sub Of O L 44
MLS Listing ID 20240034677
Style Bungalow
Bedrooms 2
Full Baths 2
Year Built 1905
Lot Size 4,356 Sqft
Property Sub-Type Bungalow
Property Description
Great for experienced investors. 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 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 abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines.
Location
State MI
County Wayne
Area Det South Of Grand River
Interior
Heating Hot Water
Exterior
Garage Description No Garage
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash