$5,000 pending
8234 penrod street, detroit, MI 48228
Beds 3 | Baths 1 | 687 Sqft | 0.13 Acres |
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Property Description
Great Investment Opportunity Waiting for You! 4 Homes for the Price of One! Sale Includes 8219 Rosemont, 8234 Penrod, 7846 Greenview and 8047 Greenview Totaling $20,000. Homes will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.
General Information
Sale Price: $5,000
Price/SqFt: $7
Status: Pending
MLS#: rcomi20240024335
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: malloys wm j
Acres: 0.13
Lot Dimensions: 40.00 x 137.00
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 687 sq.ft.
Acreage: 0.13 est.
Year Built: 1942
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Other
Exterior: Other
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: E PENROD 52 AND W 9FT OF VAC ALLEY ADJ WILLIAM J MALLOYS SUB L57 P21 PLATS, W C R 22/329 40 X 137
IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Heritage Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Natasha C Richards of Bellabay Realty Tri Counties, Phone: (248) 274-6614