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    5437 Field Street

    Detroit, MI 48213
    • $10,500
    • STATUS: Active
    • ON SITE: 437 days
    • ID#: 2200033246
    UPDATED: 8 min ago
    $10,500
    • 0
      BEDS
    • 0.1
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,592
      SQFT
    • $3
      $/SQFT
    Type:
    Multi-Family
    Built:
    1918
    County:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    41.00X103.00

    School Ratings & Info

    School District:

    Description

    4 unit apartment building owned by the Detroit Land Bank. Property is located in an up and coming development area. Less than a mile from old Packard automotive plant. Property is in need of extensive repair. Be wary of trip hazards as you view the property. Included in the sale are the following vacant lots. 1306 E Grand Blvd, 1312 E Grand Blvd. Easy lock box showings. All showings to be accompanied by licensed agent. 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 purhcaser. 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.

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-30T14:59:58.75.
    www.nexushomesearch.com/homes/105992058
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    5437 Field Street Detroit, MI 48213

    • Price: $10,500
    • Status: Active
    • Updated: 8 min ago
    • ID#: 2200033246
    0
    Beds
    4
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,592
    SQFT
    $3
    $/SQFT
    1918
    Built
    Neighborhood:
    Bestes Sub Of Lots 5 6 7 Of E Pt Pc 678
    County:
    Wayne
    Area:
    Det: 6-mack I75-conner
    School District:
    DETROIT
    Property Description
    4 unit apartment building owned by the Detroit Land Bank. Property is located in an up and coming development area. Less than a mile from old Packard automotive plant. Property is in need of extensive repair. Be wary of trip hazards as you view the property. Included in the sale are the following vacant lots. 1306 E Grand Blvd, 1312 E Grand Blvd. Easy lock box showings. All showings to be accompanied by licensed agent. 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 purhcaser. 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.
    Exterior Features

    Architecture Level 2 Story Architecture Style Quadruplex Construction Materials Brick Foundation Details Basement Foundation Materials Poured Lot Size Dimensions 41.00X103.00 Multifamily Parking On Street Pool YN No Road Frontage Type Paved Waterfront YN No

    Interior Features

    Basement Type Unfinished Basement YN Yes Baths Total 4.00 Heating Other Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 4092 Sq Ft Lower Floor 500 Sq Ft Total Basement 1100 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 4

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 0.00 Income Projection Actual Land Contract YN No Listing Financing CashQuit Claims Deed Monthly Rental Income 0 Net Operating Income 0.00 Number Of Units Leased 0 Ownership Status Government OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 180 Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Total Tax 0.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 5437 FIELD ST Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Southfield and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-30T14:59:58.75.
     
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    255 E. Brown St - Suite 205
    Birmingham MI, 48009