Sue Welling - Coldwell Banker Weir Manuel Hoppough
13200 La Salle Boulevard
Detroit, MI 48238

Description

Redevelopment Opportunity. Former 30 Unit Apartment Complex: 18 (2) Bedroom Units And 12 (1) Bedroom Units. Structure is in need of complete renovation. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller will consider a rehab proposal or a tear down & new build proposal. If the Buyers Offer to Purchase includes a new build proposal, the Purchaser shall present construction plans or precedent architectural images of proposed development. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions.

Details

MLS#218077652
Sub-TypeResale
StatusActive
Year1931
Days On Site117

Features

SQ Feet15,579
Building(s)1

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48238
AreaDet: Livernois-I75 6-Gd River
Listing VS Median (in 48238)
Price:
$25,000
low | high
Med:
$29,900
30.4% of Average
SqFt:
15,579
low | high
Med:
1,140
100% of Average
$ / SqFt:
$2
low | high
Med:
$26
100% of Average
On Site:
117
low | high
Med:
76
100% of Average
Listing Updated: 12/10/2018
MLS Number: 218077652
Listing Provided By:
James Bufalino  of  Premier Property Services LLC
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