MLS # 20221067394, Listed by RCH Brokerage Legacy Inc|(248) 440-22688773 Petoskey Avenue is a $10,000, 3,584 square foot, 8 bedroom, 4.0 bath home on a 0.09 acre lot located in Detroit, MI.
Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
| Above Grade Sqft | 3,584 |
| Basement | Unfinished Basement |
| Heating Types | Forced Air |
| Construction Types | Brick Basement Poured |
| Land Type | Zoning - Residential |
| Property Type | Income |
| Style Characteristics | 2 Story |
| Style | Colonial |
| Year Built | 1918 |
| Association Fee | $0.00 |
| Taxes | $0.00 |
| County | wayne |
| School District | detroit |
| Neighborhood | Lambrecht Kelly & Cos Grand River Terminal(plats) |
Provided through IDX through Realcomp II Ltd via ReMax Eclipse and . Copyright 2023 Realcomp II Ltd. Shareholders. IDX information is provided exclusively 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 The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated 12/06/2023 at 10:53pm CST.
