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    5557 Moran Street

    Detroit, MI 48211
    • $6,500
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: 2210025552
    UPDATED: 71 min ago
    $6,500
    • 0
      BEDS
    • 0.08
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,980
      SQFT
    • $3
      $/SQFT
    Type:
    Multi-Family
    Built:
    1909
    County:
    Zoning:
    Residential
    Lot Size Dimensions:
    30.00X112.00

    School Ratings & Info

    School District:

    Description

    Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. Sale contingent on buyer/seller executed development agreement. 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. Contact listing broker with any questions.

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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: 2021-07-31T20:56:21.487.
    www.nexushomesearch.com/homes/116102282
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    5557 Moran Street Detroit, MI 48211

    • Price: $6,500
    • Status: Active
    • Updated: 71 min ago
    • ID#: 2210025552
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.08
    Acres
    1,980
    SQFT
    $3
    $/SQFT
    1909
    Built
    Neighborhood:
    Charles F Lohrmans Sub (Plats)
    County:
    Wayne
    Area:
    Det: 6-mack I75-conner
    School District:
    DETROIT
    Property Description
    Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. Sale contingent on buyer/seller executed development agreement. 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. Contact listing broker with any questions.
    Exterior Features

    Architecture Level 2 Story Architecture Style Colonial Construction Materials Other Foundation Details Basement Foundation Materials Block Lot Size Dimensions 30.00X112.00 Multifamily Parking On Street Pool YN No Road Frontage Feet 30 Road Frontage Type Paved Waterfront YN No

    Interior Features

    Basement Type Unfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 1980 Sq Ft Total Basement 990 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 0.00 Income Projection Actual Inventory List YN No Land Contract YN No Legal Rental Certified YN No Listing Financing Cash 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 90 Restrictions YN No Settlement City Sewer Sewer-Sanitary 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 5557 MORAN ST Water Source Municipal Water Zone Conform YN Yes Zoning Residential

    IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri Counties 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: 2021-07-31T20:56:21.487.
     
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    RE/MAX Nexus
    255 E. Brown St - Suite 205
    Birmingham MI, 48009