2087 MEADE ST Active Save Request In-Person Tour Request Virtual Tour
Hamtramck,MI 48212
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 698 sqft
Price per Sqft $6
Subdivision Grace And Roos Addition (Plats)
MLS Listing ID 2210072738
Style Bungalow
Bedrooms 2
Full Baths 1
Year Built 1919
Property Sub-Type SingleFamilyResidence
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 Area05052Det6Macki75Conner
Interior
Heating ForcedAir, NaturalGas
Flooring Carpet, Vinyl, Wood
Exterior
Parking Features NoGarage
Pool None
View Y/N No
Building
Foundation Block, CrawlSpace
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash, QuitClaimsDeed
Listing Terms Cash, QuitClaimsDeed
Special Listing Condition GovernmentOwned, ShortSaleNo