2087 MEADE Street Active

Hamtramck,MI 48212 2155

$ 4500

2 Beds

1 Bath

698 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 698 sqft

Price per Sqft $6

Subdivision Grace And Roos Addition (Plats)

MLS Listing ID 40223654

Style 1 1/2 Story

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 698

Year Built 1919

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30.00X100.00

Property Description

Here is the latest offering from the Detroit Land Bank Authority. Single family home in need of extensive renovation. However, this property comes with the following vacant lots: 2091 Meade, 2097 Meade, 2111 Meade, 2115 Meade. Lots of potential here. Rehab the house and expand with the lots, Or tear down the house and re-purpose the land. The choice is yours. 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

Location

State MI

County Wayne

Area Detroit (82001)

Interior

Hot Water Gas

Heating Forced Air

Exterior

Garage No

Building

Story 1 1/2 Story

Foundation Crawl

Water Public Water

Architectural Style Bungalow

Structure Type Aluminum

Schools

School District Detroit City School District

Others

Ownership Government Owned

Energy Description Natural Gas

Financing Cash

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