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4444 Grandy Street

Detroit, MI 48207
  • $8,000
  • STATUS: Active
  • ON SITE: 111 days
  • ID#: 2210025522
UPDATED: 42 min ago
$8,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,932
    SQFT
  • $4
    $/SQFT
Type:
Multi-Family
Built:
1925
County:
Zoning:
Residential
Lot Size Dimensions:
27.00X102.00

School Ratings & Info

School District:

Description

Investment Opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 156k. Sale includes 7 adjacent lots 4402, 4410, 4418, 4424, 4428, 4440 Grandy. Sale contingent on buyer/seller executed development agreement. 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.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than NextHome Showcase are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-08-04T11:14:21.553.
www.nexthomeshowcase.com/homes/116105221
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4444 Grandy Street Detroit, MI 48207

  • Price: $8,000
  • Status: Active
  • Updated: 42 min ago
  • ID#: 2210025522
0
Beds
2
Baths
0
½ Baths
0.06
Acres
1,932
SQFT
$4
$/SQFT
1925
Built
Neighborhood:
Grandys Plat Of Sub Of Lot 56 & Lots 64 & 66
County:
Wayne
Area:
Det: 6-mack I75-conner
School District:
DETROIT
Property Description
Investment Opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 156k. Sale includes 7 adjacent lots 4402, 4410, 4418, 4424, 4428, 4440 Grandy. Sale contingent on buyer/seller executed development agreement. 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.
Exterior Features

Architecture Level 2 Story Architecture Style Colonial Construction Materials Wood Foundation Details Basement Foundation Materials Block Lot Size Dimensions 27.00X102.00 Pool YN No Road Frontage Feet 27 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 1932 Sq Ft Total Basement 966 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2

Property Features

Assessment 0 Encroachment YN No Gross Scheduled Income 0.00 Income Projection Actual Inventory List YN No Land Contract YN No Legal Rental Certified YN No Listing Financing Cash Monthly Rental Income 0 Net Operating Income 0.00 Number Of Units Leased 0 Ownership Status Government OwnedShort Sale - No Percent Homestead Exempt YN Yes Postal City Detroit Protection Period 90 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Total Tax 0.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 4444 GRANDY ST Water Source Municipal Water Zone Conform YN Yes Zoning Residential

IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri Counties and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than NextHome Showcase are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-08-04T11:14:21.553.
 
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