$27,500 for Sale
689 gladstone street, detroit, MI 48202
Beds 4 | Baths 1 | 1,737 Sqft | 0.10 Acres |
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Property Description
welcome to the latest offering from the Detroit land Bank authority. This 4 bedroom 1 bath home is in dire need of renovation but sits in a very promising neighborhood in the "Piety Hill" district. Bring your hard hat and your design ideas and you should be in for a good project. 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/or 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. Please refer to DLBA proposal guidelines
General Information
Sale Price: $27,500
Price/SqFt: $16
Status: Active
MLS#: 20251023341
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: mc laughlin brothers sub
Acres: 0.1
Lot Dimensions: 37.5X117.5
Bedrooms:4
Bathrooms:1 (1 full, 0 half)
House Size: 1,737 sq.ft.
Acreage: 0.1 est.
Year Built: 1895
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom: 10 X 10
Bedroom: 13 X 11
Bedroom: 12 X 12
Bedroom: 12 X 10
Bath - Full: 7 X 6
Dining Room: 12 X 12
Kitchen: 9 X 7
Living Room: 14 X 12
Paved Road: Paved
Garage: No Garage
Construction: Wood
Exterior: Wood
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Steam
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $659
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2023. S GLADSTONE W 12.50 FT 75 E 1/2 74 MC LAUGHLIN BROTHERS SUB L14 P21 PLATS, W C R 4/85 37.50 X 117.5

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Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055