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$8,000
3771 Clements St, Detroit, MI 48238
0 Beds
2 Baths
2,600 sqft

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Don't sleep on this investment opportunity! About 10 minutes from Downtown Detroit is a Multi-family, two story brick Colonial home with a separate entrance for each unit. 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.
  • Price:
  • $8,000
  • Full Baths:
  • 2
  • Square Footage:
  • 2,600
  • Acreage:
  • 0.10
  • Year Built:
  • 1926
  • Listing ID #:
  • 2210074727
  • Street Address:
  • 3771 Clements St
  • City:
  • Detroit
  • State:
  • Michigan
  • Postal Code:
  • 48238
  • County:
  • Wayne
  • Community:
  • Det: Livernois-I75 6-Gd River
  • Subdivision:
  • Robt Oakmans Livernois & Ford Hwy Sub (plats)
  • Listing Status:
  • Active
  • Listing Type:
  • Multifamily
  • Architecture Style:
  • Colonial
  • Basement Type:
  • Unfinished
  • Foundation:
  • Basement
  • Foundation Material:
  • Block
  • Has Basement:
  • 1
  • Number Of 2 Bedroom Units:
  • 2
  • Number Of Units:
  • 1
  • Porch Description:
  • Porch
  • Siding:
  • Brick
  • Stories:
  • 2 Story
  • Total Building Square Footage:
  • 2600
  • Year Built:
  • 1926
  • Conforms To Zoning:
  • Multi-Family
  • Road Frontage:
  • 35
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 46
  • Financing Options:
  • Cash
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 0.0000
  • Winter Tax:
  • 0.0000
  • Existing Water:
  • Municipal Water
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Sewer At Street
  • Water Heater:
  • Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • IDX provided courtesy of Realcomp II Ltd. Bellabay Realty Tri Counties
  • IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2021 Realcomp II Ltd. Shareholders FARMHILL

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