40
See all 40 photos
$18,500
Est. payment /mo
3 Baths
2,802 SqFt
Pending
1547 LAWRENCE Street Detroit, MI 48206 1516
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,802 sqft
Price per Sqft $6
Subdivision Mi
MLS Listing ID 60361296
Style 2 Story
Full Baths 2
Half Baths 1
Year Built 1923
Annual Tax Amount $350
Lot Size 0.580 Acres
Acres 0.58
Lot Dimensions 40.00 x 110.00
Property Sub-Type Multi-Family
Property Description
Embrace the potential of this solid brick multifamily property, nestled in the vibrant Lawrence Park Sub. With two units offering 3 bedrooms and 1 bath each, this property presents an excellent opportunity for investors or owner-occupants seeking to customize and revitalize their investment. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Assessment Amount $350
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty-Great Lakes