Welcome to this multi-family 2 family flat with 4 vacant adjoining properties (4204 Webb, 4201, 4211, and 4221 Tuxedo) offering from the Detroit Land Bank Authority. One 2 bedroom /1 bath unit and One 3 bedroom/1 bath unit just ready for your renovation touches. Property needs a full rehab and all buyers are required to follow DLBA offer guidelines in order to purchase. There are 4 adjoining vacant Property includes adjoining vacant lot at 3761 Glynn Ct. 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. Please refer to DLBA proposal guidelines
- Price:
- $7,000
- Full Baths:
- 2
- Square Footage:
- 2,144
- Acreage:
- 0.08
- Year Built:
- 1929
- Listing ID #:
- 20221069750
- Street Address:
- 4212 Webb St
- City:
- Detroit
- State:
- Michigan
- Postal Code:
- 48204
- County:
- Wayne
- Community:
- Det: Livernois-I75 6-Gd River
- Subdivision:
- Stacks Lovett Ave (plats)
- Listing Status:
- Active
- Listing Type:
- Multifamily
School District: Detroit
- Architecture Style:
- Common Entry Building, Upper/Lower Apartment
- Basement Type:
- Unfinished
- Foundation:
- Basement
- Foundation Material:
- Block
- Has Basement:
- 1
- Number Of 2 Bedroom Units:
- 2
- Siding:
- Brick
- Stories:
- 2 Story
- Total Building Square Footage:
- 2144
- Year Built:
- 1929
- Conforms To Zoning:
- Multi-Family
- Road Frontage:
- 35
- Road Frontage Type:
- Paved
- Days On Market:
- 159
- Financing Options:
- Cash
- For Sale Or Lease?:
- Sale
- Summer Tax:
- 0.0000
- Winter Tax:
- 0.0000
- Has Garage:
- 1
- Parking Spaces:
- 2
- 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
