$5,000 for Sale

3196 lockwood street, detroit, MI 48210

Beds 2 Baths 2 2,000 Sqft 0.10 Acres 1 of 1
0
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.
General Information
Sale Price: $5,000
Price/SqFt: $3
Est. Payments: $23*
Status: Active
MLS#: rcomi20240034677
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: mc millans & whitings sub of o l 44
Acres: 0.1
Lot Dimensions: 30X147
Bedrooms:2
Bathrooms:2   (2 full, 0 half)
House Size: 2,000 sq.ft.
Acreage: 0.1 est.
Year Built: 1905
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road:  Paved
Garage:  No Garage
Construction:  Wood
Exterior:  Wood
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Hot Water
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Govt Ownership:  HUD
Legal Description:  E LOCKWOOD 199 MCMILLAN & WHITING SUB L14 P97 PLATS, W C R 16/76 30 X 146.61
Map


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Leonard A Pickett III of RCH Brokerage Legacy Inc

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This Single-Family Home located at
3196 lockwood street, detroit MI, 48210
is currently for sale. This property is listed for $5,000.
For Sale | $5,000 | 2 Bed, 2 Bath | 2,000 Sq Ft MLS ID rcomi20240034677
3196 lockwood street has 2 bedrooms, approximately 2,000 square feet. This home is in the detroit school district and has a lot size of 30X147 with 0.1 acres and was built in 1905. 3196 lockwood street is in detroit and in ZIP Code 48210 area.
If you have any question about this property or any others, please don't hesitate to contact me.