2949 Hogarth Street, Detroit, MI 48206 2530

$20,000
3
BD
1
BA
1,387
SqFt

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List Price
$20,000
Status
ACTIVE
MLS#
61043968
Days on Market
1
Style
Colonial
Year Built
1914
Bedrooms
3
Bathrooms
1
Acres
0.10
Living Area
1,387
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Crosman & Mc Kays Sub

Property Description

2949 Hogarth Street, Detroit, MI 48206 Exceptional investment and redevelopment opportunity in Detroit's historic Wildemere Park neighborhood, within the established Crossman & McKay's Subdivision. This area features traditional early 20th-century residential architecture and a longstanding neighborhood character, while benefiting from continued residential redevelopment, new investment, and revitalization throughout the surrounding community. Conveniently located near major freeways, public transportation, neighborhood parks, shopping, dining, and Detroit's cultural attractions. This property presents an opportunity for investors, builders, or owner-occupants looking to participate in the continued growth and revitalization of this Detroit community. Purchaser must comply with all Detroit Land Bank Authority (DLBA) requirements. Property is being sold AS-IS. Purchaser to independently verify all property measurements, zoning, permitted uses, and applicable building and development requirements. DLBA DISCLOSURE: The Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the five (5) tax years following the transfer of ownership. This tax capture may be incompatible with tax abatements otherwise available to the purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes (PILOT) as a condition of approving such requests. Any required payment will be determined following review of the development pro forma and the impact of any tax abatement on the purchase and development financing.

Additional Information

Lot Dimensions
40 x 110
Heating
Natural Gas, Forced Air
Basement
Yes
Basement Description
Unfinished
Foundation
Basement
Water
Public
School District
Detroit City School District

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

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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.