4600 Moran Street Detroit, MI 48207
Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223K$. 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
- NeighborhoodSub of Part of Rc of Pc No 182 (Plats)
- CountyWayne
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusActive
- MLS ID Number24001491
- Home Size Source N/A
- Year Built1890
- Lot Size0.23 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction OtherWood Siding
- Parking Spaces 0
- Sewer Public Sewer
- Basement Full
- Acreage 0.23
- Zoning RES
- Cross Street Clairmount & Woodward
- Property Sub Type Multi Family
- Utilities Natural Gas Connected
Interior Features
- Heating Forced AirNatural Gas
- Fireplaces 2
- Fireplace Yes
Exterior Features
- Roof Wood
- Waterfront Property No
Community Features
- MLS Area Wayne County - 100