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18708 Schaefer Highway Detroit, MI 48235 1766
2 Beds
2 Baths
953 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 953 sqft
Price per Sqft $26
Subdivision Blackstone Park
MLS Listing ID 61040682
Style 2 Story
Bedrooms 2
Full Baths 1
Half Baths 1
Abv Grd Liv Area 953
Year Built 1948
Annual Tax Amount $250
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 27.5X100
Property Sub-Type Single Family
Property Description
Great investment and renovation opportunity! Welcome to 18708 Schaefer Hwy, a 2-bedroom, 1.5-bath half duplex located in Detroit's Schulze neighborhood, north of Margareta Avenue and south of Clarita Avenue. This property offers potential for investors or buyers seeking a residential renovation project. Sale includes the subject half duplex only; the adjoining unit and additional lots are not included. Property is sold as-is. Property comes with clear title. Please note that only one side is for sale (18708), the other side is privately owned. Sale is subject to Detroit Land Bank Authority (DLBA) approval and execution of an applicable Renovation/Development Agreement. Purchaser must submit a complete proposal package including intended use, renovation timeline, proof of funds for acquisition and renovation, a detailed scope of work with cost breakdown, contractor information, and documentation of prior renovation/development experience, including project addresses and before-and-after photos. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This provision may be incompatible with certain tax abatements. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to DLBA review of project financing and development pro forma. Buyer to verify all information, measurements, unit configuration, zoning, and permitted uses.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Garage Yes
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
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 Atlas Properties Inc
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