Listed By Real Estate One-Southfield, Gene Kelley II
2087 MEADE ST Hamtramck, MI 48212
$4,500
2
Bedrooms
1
Total Baths
1
Full Baths
698
Square Feet
0.07
Acres
1919
Year Built
Active
Status
MLS#
2210072738
Here is the latest offering from the Detroit Land Bank Authority. Single family home in need of extensive renovation. However, this property comes with the following vacant lots: 2091 Meade, 2097 Meade, 2111 Meade, 2115 Meade. Lots of potential here. Rehab the house and expand with the lots, Or tear down the house and re-purpose the land. The choice is yours. 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 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
Details for 2087 MEADE ST
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Real Estate One-Southfield, (248) 723-0055
MLS# 2210072738
Updated 11:55AM - 4/30/2024
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