Views
Address
5437 Field Street Detroit, MI
Price
$ 10,500
Property Attributes
  • ML#2200033246
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet - 6-Mack I75-Conner
  • NeighborhoodBESTES SUB OF LOTS 5 6 7 OF E PT PC 678
  • Zip48213
  • StyleQuadruplex
  • Price$ 10,500
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3592
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Real Estate One-Southfield
Property Description

4 unit apartment building owned by the Detroit Land Bank. Property is located in an up and coming development area. Less than a mile from old Packard automotive plant. Property is in need of extensive repair. Be wary of trip hazards as you view the property. Included in the sale are the following vacant lots. 1306 E Grand Blvd, 1312 E Grand Blvd. Easy lock box showings. All showings to be accompanied by licensed agent. 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 purhcaser. 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.

Price History
5/18/2020 Listed $14,900
10/5/2020 30% - $10,500

General Features

Basement Type Unfinished
Construction Materials Brick
Cumulative Days on Market 244
Gross Scheduled Income 0.00
Heating Other
Listing Agent Public Id 293908
Net Operating Income 0.00
Originating MLS Realcomp II Ltd
Ownership Status Government Owned, Short Sale - No
Parcel Number W15I007278S003
Property Type Multifamily
School District Detroit
Sewer Sewer at Street
Short Sale No
Status Active
Subdivision Name BESTES SUB OF LOTS 5 6 7 OF E PT PC 678
Terms Offered Cash, Quit Claims Deed
Total Sq Ft 3592
Transaction Type Sale
Year Built 1918
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 4
Heating Fuel Natural Gas
Total Baths 4.00
Total Units 4
Unit Count 1

Exterior Features

Architecture Level 2 Story
Architecture Style Quadruplex
Foundation Basement
Foundation Materials Poured
Lot Size Area 0.10
Lot Size Dimensions 41.00X103.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Downriver Homes and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for 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.

Data is updated as of January 19, 2021 1:03 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48213

Price
AVG $40K
$10K
Visits
AVG 23
172
Year Built
AVG 1925
1918
Walkscore
AVG 49
55
Data Provided by Walkscore ® not using MLS data