4835 CORTLAND Street Active

Detroit,MI 48204

$ 15000

3 Beds

1.5 Baths

1364 SqFt


Key Details

Property Type Single Family Home

Sub Type Cape Cod

Listing Status Active

Purchase Type For Sale

Square Footage 1,364 sqft

Price per Sqft $10

Subdivision Russell Woods (Plats)

MLS Listing ID 20230080944

Style Cape Cod

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1927

Annual Tax Amount $240

Lot Size 3,484 Sqft

Property Description

Great Opportunity in Russell Woods Community. A complete restoration is needed. The Seller requires estimated rehab costs and Proof of Funds included with offer in order to purchase. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Interior

Heating Hot Water

Exterior

Garage Detached

Garage Description 2 Car

Waterfront no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $240

Acceptable Financing Cash

Listing Terms Cash

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