300 W Nevada Street, Detroit, MI 48203 2269

$8,500
3
BD
1
BA
1,314
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$8,500
Status
PENDING
MLS#
60940678
Days on Market
175
Style
Colonial
Year Built
1936
Bedrooms
3
Bathrooms
1
Acres
0.17
Living Area
1,314
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Hugo H Stenders

Property Description

Discover the potential in this Highland Park Colonial offered through the Detroit Land Bank Authority. Built in 1936, this brick 2-story home features over 1,300 square feet of living space. The property sits on a 60x125 lot with a detached 2-car garage, providing plenty of outdoor space. Located near Woodward Avenue and John R Street, this property offers convenient access to Detroit's main corridors and surrounding neighborhoods. This is a DLBA listing - interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (renovation budget and details) 4. Proof of Previous Projects (addresses and photos) Important Note: Sale is contingent upon execution of a DLBA Renovation/Development Agreement. The DLBA is entitled to a tax recapture for the five (5) tax years following transfer of ownership, which may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, subject to DLBA review of the project's financials. All offers and proposals must be submitted through the DLBA Path to Purchase portal (see agent remarks and documents for link). BATVAI. IDRBNG.

Additional Information

Lot Dimensions
60 x 125
Heating
Natural Gas, Forced Air
Basement
Yes
Basement Description
Unfinished
Foundation
Basement
Water
Public
Garage Spaces
2
School District
Detroit City School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Keller Williams Realty-Great Lakes, Office Phone: 586-541-4000

board logo

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.