
10280 Nardin DriveDetroit, MI 48204
$20,000
Listing courtesy of RCH Brokerage Legacy Inc
8
Beds
4
Baths
3,618
Sqft
About
This Home
Great opportunity to invest in the city of Detroit. This brick Quadplex is located in Detroit's Nardin Park neighborhood and zoned R3.Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1924
- Lot Size
- 0.11 acres
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- Basement
- Unfinished
- Annual Taxes
- $1,524
- MLS #
- 20251060950
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
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Listing courtesy of RCH Brokerage Legacy Inc. MLS # 20251060950. Information is deemed reliable but not guaranteed and should be independently verified.
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