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$30,000
3270 Rochester St, Detroit, MI 48206
0 Beds
14 Baths
10,932 SqFt

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Looking for experienced investors. This 3 story apartment building is sold with the adjacent lot (3290 Rochester).A completed restoration is needed. The Seller requires proof of funds to purchase. An estimated cost of renovation along with proof of funds to meet the estimated costs will also need to be included with offer. Buyer will need to provide proof of their ability to complete this type of project.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 abatement 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 abatement on the purchase and development financing.
  • Price:
  • $30,000
  • Full Baths:
  • 14
  • Square Footage:
  • 10,932
  • Acreage:
  • 0.15
  • Year Built:
  • 1926
  • Listing ID #:
  • 2210010606
  • Street Address:
  • 3270 Rochester St
  • City:
  • Detroit
  • State:
  • Michigan
  • Postal Code:
  • 48206
  • County:
  • Wayne
  • Community:
  • Det: Livernois-I75 6-Gd River
  • Subdivision:
  • Dexter Boulevard Heights (plats)
  • Listing Status:
  • Active
  • Listing Type:
  • Multifamily
School District: Detroit
  • Architecture Style:
  • Colonial, Common Entry Building
  • Basement Type:
  • Unfinished
  • Foundation:
  • Basement
  • Foundation Material:
  • Poured
  • Has Basement:
  • 1
  • Number Of 1 Bedroom Units:
  • 14
  • Siding:
  • Brick
  • Stories:
  • 3 Story
  • Total Building Square Footage:
  • 10932
  • Year Built:
  • 1926
  • Conforms To Zoning:
  • Residential
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 655
  • Financing Options:
  • Cash
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 0.0000
  • Winter Tax:
  • 0.0000
  • Existing Water:
  • Public (municipal)
  • Heating:
  • Steam
  • 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

  • IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2022 Realcomp II Ltd. Shareholders FARMHILL

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