251 CHANDLER ST DETROIT, MI 48202

Features

• Price/sqft: $6
• Lot Size: 6098 sq. ft.
• Total Rooms: 11
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Dining Room, Kitchen, Living Room
• Stories: 200
• Heating: Forced Air Heating
• Exterior Walls: Brick

Facts

• Year Built: 01/01/1900
• Property ID: 869831401
• MLS Number: 24000499
• Parcel Number: 01002279.
• Property Type: Multi-family (5 or more units)
• County: WAYNE
• Legal Description: N CHANDLER 83 CHANDLER AVE SUB L13, P96, PLATS, W C R 1/106 50 X 125
• Zoning: R3
• Listing Status: Active

Pre-Foreclosure Info

• Recording Date: 03/30/2007
• Recording Year: 2007

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. North End investment opportunity you don't want to miss!! Walking distance to Woodward and close to everything that's happening!!! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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.