14995 Maddelein Street, Detroit, MI 48205 2411

$10,500
2
BD
1
BA
580
SqFt

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List Price
$10,500
Status
ACTIVE
MLS#
60964250
Days on Market
263
Style
Ranch
Year Built
1920
Bedrooms
2
Bathrooms
1
Acres
0.09
Living Area
580
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Gratiot American Park

Property Description

Welcome to the latest offering from the Detroit Land Bank authority. This 2 bedroom frame home sits on a fairly large lot located in the Regent Park community. This home needs a bit of TLC, but with the right touches it can be a good starter home or investment property. 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/or 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. Please refer to DLBA proposal guidelines

Additional Information

Lot Dimensions
35 x 115
Heating
Natural Gas, Forced Air
Foundation
Crawl
Water
Public
School District
Detroit City School District

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Calculator source: Real Geeks

Listing Courtesy of Real Estate One-Southfield, Office Phone: 248-723-0055

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.