MLS # 20250025339 (Realcomp)

Welcome to the latest offering from the Detroit land Bank Authority. 4 Unit brick multifamily in need of major rehab. Bring your hard hat and your design ideas because this one is ready to go. 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/or 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
Source: SparkMLS
Located in Tireman in Detroit, this property offers 4-bath, with original construction dating to 1924.
This home sold for $21,500.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
S ALLENDALE 44 ALLENDALE SUB L23 P70 PLATS, W C R 14/92 30 X 121.53A
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gene Kelley
Real Estate One-Southfield
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7538 FIRWOOD Street, Detroit, MI 48204
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Neighborhood
Tireman
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Community
Detroit
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County
Wayne County
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