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$ 21,000
Est. payment /mo
New
5365 Seneca Street Detroit, MI 48213 2951
3 Beds
1 Bath
1,427 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,427 sqft
Price per Sqft $14
Subdivision Owens John
MLS Listing ID 61040624
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,427
Year Built 1914
Annual Tax Amount $1,537
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X110
Property Sub-Type Single Family
Property Description
HOUSE AND ADJACENT VACANT LOT SOLD TOGETHER FOR $21,000! Development opportunity in Detroit's historic Pingree Park neighborhood. Sale includes the residential structure at 5365 Seneca and adjacent vacant lot at 5359 Seneca, offered together as a homestead. Ideal for investors, developers, or experienced rehabbers seeking renovation or redevelopment opportunities. Conveniently located near Downtown Detroit, Indian Village, West Village, and Eastern Market. Both parcels sold together with clean title, offering a combined 7,144 square feet (0.17 acres) of land. Zoned R2. Buyer and buyer's agent to verify all measurements, property information, zoning, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, as determined following DLBA review of the development pro forma and financing.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water, Public Water at Street
Architectural Style Colonial
Structure Type Aluminum
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Next Level Realty & Investments
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