Address
2903 Montgomery Street Detroit, MI
Price
$ 2,500
Property Attributes
  • ML#219054583
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Livernois-I75 6-Gd River
  • NeighborhoodMONTCLAIR LAND CO LTD SUB
  • Zip48206
  • Style
  • Price$ 2,500
  • Bedrooms18
  • Full Bathrooms13
  • Half Bathrooms0
  • Sqr Footage11392
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
RCH Brokerage Legacy Inc
Property Description

Looking for a buyer to rehab this apartment complex, included in the deal is the vacant land across the street (2747 Montgomery).The lot is to be used for parking or green space for future tenants of this building.Buyer needs to eliminate exterior blight within 180 days of purchase.Compliance for eliminating exterior blight is windows,doors installed, holes in exterior & roof fixed, exterior lighting,register property as vacant with BSEED.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 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.BATVAI Please see attached docs.

Price History
6/14/2019 Listed $10,000
3/18/2020 75% - $2,500

General Features

Basement Type Unfinished
Construction Materials Brick
Cumulative Days on Market 368
Gross Scheduled Income 0.00
Heating Steam
Listing Agent Public Id 306589
Net Operating Income 0.00
Originating MLS Realcomp II Ltd
Ownership Status Government Owned, Short Sale - No
Parcel Number W12I001592S
Property Type Multifamily
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Pending
Subdivision Name MONTCLAIR LAND CO LTD SUB (PLATS)
Terms Offered Cash
Total Sq Ft 11392
Transaction Type Sale
Year Built 1920
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 13
Heating Fuel Natural Gas
Total Baths 13.00
Total Units 13
Unit Count 3

Exterior Features

Architecture Level 3 Story
Architecture Style Other
Foundation Basement
Foundation Materials Brick
Frontage Feet 46
Lot Size Area 0.11
Lot Size Dimensions 46.50X106.70
Porch Balcony, Porch - Covered
Roof Material Rubber
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via MIHomeSellers of eXp Realty Plymouth-Canton and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for 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.

Data is updated as of September 22, 2020 8:02 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48206

Price
AVG $130K
$K
Visits
AVG 11
26
Year Built
AVG 1921
1920
Walkscore
AVG 50
46
Data Provided by Walkscore ® not using MLS data

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