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8773 Petoskey Avenue Detroit, MI $ 10,000
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8773 Petoskey Avenue
$ 10,000
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New Construction
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8773 Petoskey Avenue

Detroit, MI, 48204
$ 10,000
Bedrooms8 Baths4.0 Sq 3,584

Monthly Estimate*

$ 70

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Multi-Family Home for sale in Detroit, MI

for $10,000 with 8 bedrooms and 4 full baths. This 3,584 square foot home was built in 1918 on a lot size of 0.09.

Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.

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Multi-Family Active

Price

$ 10,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Colonial

Lot Size

0.09

Year Built

1918

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20221067394
Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 4
Fireplace 0
Street Suffix Avenue
Total Baths 4.00
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Pets Allowed Yes
Zoning Residential
Pool Y/N 0
Full Baths 4
Half Baths 0
Year Built 1918
Property Type Multifamily
Subdivision Name LAMBRECHT KELLY & COS GRAND RIVER TERMINAL(PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Active
Short Sale No
Parking Total 0
Construction Materials Brick
Cumulative Days on Market 518
MLS Area Det: Livernois-I75 6-Gd River
Directions TAKE GRAND RIVER AVE HEADED SOUTH MAKE A LEFT TURN ONTO MACKINAC THAN MAKE A RIGHT ONTO PETOSKEY
City Detroit
Terms Offered Cash
School District Detroit
Land Contract 0
Down Payment Resource 1
Ownership Status Government Owned Short Sale - No
Street Name PETOSKEY
Homestead 0
Assessment 0.00
Total Sq Ft 3584
DOM 518
Legal Description W PETOSKEY 119 LAMBRECHT KELLY & COS GRAND RIVER TERM SUB L27 P86 PLATS W C R 14/162 40 X 100
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Exterior
Waterfront 0
Lot Size Area 0.09
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 40.00 x 100.00
Architecture Level 2 Story
Architecture Style Colonial
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Leonard A Pickett III

Listing Agent

Rch Brokerage Legacy Inc

Broker

(248) 440-2268

Phone

Affordability Calculator

$70
Per Month
100%
0%
0%
Monthly Principal & Interest
$70
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/17/2023$10,000 Listed Price

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8773 Petoskey Avenue, Detroit, MI, 48204 is a Multi-Family Home for sale at $10,000 with 3,584 sqft and a lot size of 0.09. 8773 Petoskey Avenue has 8 bedrooms, 4.0 baths, and was built in 1918. The property's zip code is 48204 which is in Detroit, MI

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