931 Ashland Street, Detroit, MI 48215

Listing Description

Great opportunity! Welcome to 931 Ashland St, a spacious 4-bedroom home with living room, dining room, and dedicated office space, located in Detroit’s desirable Jefferson Chalmers neighborhood.This property offers a functional layout with generous room sizes, providing flexibility for both owner-occupants and investors. The additional office space is ideal for working from home or can be converted to suit your needs. With strong bones and solid potential, this home is ready for renovation and customization.Situated in the Jefferson Chalmers area, known for its proximity to the Detroit River, parks, and ongoing revitalization, the neighborhood continues to attract homeowners and investors alike. Conveniently located near shopping, schools, waterfront parks, and major roadways, with easy access to Downtown Detroit and Grosse Pointe. This property does not have canal access.Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal including intended use, renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements. Waiver requests are reviewed case-by-case and may require payment in lieu of taxes, subject to review of development pro forma and financing.Property sold as-is. Buyer to verify all information.Excellent opportunity for investors or homeowners looking to renovate and add value in the Jefferson Chalmers waterfront community.

Source: SparkMLS

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