130 Gladstone Street Detroit, MI 48202
This is your opportunity to invest in one of Detroit's hottest areas! Located between New Center Area and Boston Edison, this 3 unit has 2 bedrooms in the attic and 2, 3 bedrooms. Great investment opportunity or primary residence within walking distance to transit, and minutes away from Wayne State, entertainment, awesome retail and downtown! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.
- Property TypeMulti-Family
- NeighborhoodFishers Sub On Ol 5 &Amp; 6
- CountyWayne
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site18 Days
- MLS StatusActive
- MLS ID Number20240024367
- Home Size Source Public Records
- Year Built1912
- Lot Size0.16 Acres
- Full Baths3
- Partial Baths1
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General Features
- Style Colonial
- Construction Brick
- Sewer Public Sewer
- Basement Unfinished
- Number of Stories Three Or More
- Water Public
- Property Sub Type Multi Family
- Foundation Block
- Zoning Residential
Interior Features
- Heating Forced AirNatural Gas
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- Pets No
- MLS Area Det: Livernois-I75 6-Gd River