Great investment opportunity includes the home and 4 adjacent lots. Addresses include 4067, 4071, 4075 & 4083 Tuxedo. Sale contingent on buyer/seller executed development arrangement. 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:
- $6,500
- Bedrooms:
- 3
- Full Baths:
- 1
- Square Footage:
- 936
- Acreage:
- 0.07
- Year Built:
- 1912
- Listing ID #:
- 2210025543
- Street Address:
- 4089 Tuxedo St
- City:
- Detroit
- State:
- Michigan
- Postal Code:
- 48204
- County:
- Wayne
- Community:
- Det: Livernois-I75 6-Gd River
- Subdivision:
- Lewis & Crofoots Sub No 4 (plats)
- Listing Status:
- Pending
- Listing Type:
- Residential
School District: Detroit
- Architecture Style:
- Bungalow
- Basement Type:
- Unfinished
- Foundation:
- Basement
- Foundation Material:
- Block
- Has Basement:
- 1
- Siding:
- Wood
- Stories:
- 1 1/2 Story
- Total Building Square Footage:
- 936
- Year Built:
- 1912
- Road Frontage:
- 30
- Road Frontage Type:
- Paved
- Days On Market:
- 708
- Financing Options:
- Cash
- For Sale Or Lease?:
- Sale
- Summer Tax:
- 0.0000
- Winter Tax:
- 0.0000
- Total Rooms:
- 6
- Garage Description:
- Detached
- Garage Type:
- 1 Car
- Has Garage:
- 1
- Outbuildings:
- Garage
- Existing Water:
- Public (municipal)
- Heating:
- Forced Air
- Heating Fuel:
- Natural Gas
- Sewage Type:
- Public Sewer (sewer-Sanitary)
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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
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IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2023 Realcomp II Ltd. Shareholders
