3418-3426 John R Street, Detroit, MI 48201 2710

$525,000
9
BD
9
BA
5,550
SqFt

Show Photos

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

List Price
$525,000
Status
PENDING
MLS#
40246551
Days on Market
120
Year Built
1903
Bedrooms
9
Bathrooms
6
Half baths
3
Acres
0.10
Living Area
5,550
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Erskine Terrace

Property Description

Amazing BRUSH PARK Residential Development Opportunity in the heart of Detroit. One of a kind opportunity to be neighbors with some of the most monumental redevelopments in Detroits resurgence, such as Little Caesars Arena, Wayne State University Mike Illitch School of Business, Detroit Medical Center, and many more. The Detroit Land Bank Authority is seeking a developer for a prime development site comprised of a vacant shell to be transformed into apartment or condo use under the current R5 Zoning - Minimum Density Residential District. The site contains 3 adjacent structures: 3418, 3422 and 3426 John R Street. Detailed proposals are not limited to site plans, Proof of Funds for both the acquisition and construction costs, as well as developer experience. The Development Proposal Guidelines and offer instructions are attached to listing. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer. All proposals are due November 14, 2021.

Additional Information

Lot Dimensions
64.00 x 73.00
Heating
Natural Gas, Forced Air
Basement
Yes
Basement Description
Unfinished
Exterior Features
Balcony
Sewer
Public At Street
Foundation
Basement
Water
Public Water at Street
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 Premier Property Services LLC, Office Phone: 313-822-9000

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.