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$20,000
8780 Beechwood St, Detroit, MI 48204
0 Beds
5 Baths
2,910 SqFt

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Great 4 unit investment opportunity close to major freeways and midtown/downtown areas. 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:
  • $20,000
  • Full Baths:
  • 4
  • Half Baths:
  • 4
  • Square Footage:
  • 2,910
  • Acreage:
  • 0.11
  • Year Built:
  • 1923
  • Listing ID #:
  • 2210066222
  • Street Address:
  • 8780 Beechwood St
  • City:
  • Detroit
  • State:
  • Michigan
  • Postal Code:
  • 48204
  • County:
  • Wayne
  • Community:
  • Det South Of Grand River
  • Subdivision:
  • Frederick C Martindale Sub (plats)
  • Listing Status:
  • Pending
  • Listing Type:
  • Multifamily
School District: Detroit
  • Architecture Style:
  • Upper/Lower Apartment
  • Basement Type:
  • Unfinished
  • Foundation:
  • Basement
  • Foundation Material:
  • Block
  • Has Basement:
  • 1
  • Number Of 1 Bedroom Units:
  • 4
  • Number Of Units:
  • 4
  • Siding:
  • Brick
  • Stories:
  • 2 Story
  • Total Building Square Footage:
  • 2910
  • Year Built:
  • 1923
  • Conforms To Zoning:
  • Multi-Family
  • Road Frontage:
  • 40
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 408
  • Financing Options:
  • Cash
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 0.0000
  • Winter Tax:
  • 0.0000
  • 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

  • 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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