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$ 45,000
Est. payment /mo
Active
7169 Holmes Street Detroit, MI 48210
3 Beds
1 Bath
1,026 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,026 sqft
Price per Sqft $43
MLS Listing ID 20251038896
Bedrooms 3
Full Baths 1
Year Built 1923
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30X103
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
This 3-bed, 1-bath property, located in Claytown, is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Location
State MI
County Wayne
Area Wayne County - 100
Direction From W Warren, go South on Proctor, then East on Holmes
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 1
Water Public
Structure Type Wood Siding
Schools
School District Detroit
Others
Tax ID W18I004080S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Keller Williams Realty-Great Lakes