8780 Beechwood Street Detroit, MI 48204
Great 4 unit investment opportunity close to major freeways and midtown/downtown areas. Sale contingent on buyer/seller executed development agreement. 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
- NeighborhoodFrederick C Martindale Sub (Plats)
- CountyWayne
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site25 Days
- MLS StatusPending
- MLS ID Number20240024695
- Home Size Source Public Records
- Year Built1923
- Lot Size0.11 Acres
- Full Baths4
- Partial Baths4
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General Features
- Style Upper/ Lower Apartment
- Construction Brick
- Sewer Public Sewer
- Basement Unfinished
- Number of Stories 2
- Water Public
- Property Sub Type Multi Family
- Foundation Block
- Zoning Multi-Family
Interior Features
- Heating Forced AirNatural Gas
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- Pets Yes
- MLS Area Det South Of Grand River