13626 Troester Street

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Source: MiRealSource

Originating MLS: MiRealSource

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RC330189

This brick duplex offers over 2,000 square feet of living space with two spacious 2-bedroom, 1-bath units. The property is vacant and ready for renovation. Located in Mapleridge with easy access to Gratiot, Kelly, & I-94. Zoned for residential use, this property offers strong potential for redevelopment or a new residential project. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

Property Information

Property Details

Location

Address

13626 Troester Street

County

Wayne

City

Detroit

Zip Code

48205 3540

Subdivision

Seymour & Troesters Montclair Heights

School District

Detroit City School District

MLS Area

Detroit (82001)

Listing provided by Keller Williams Realty-Great Lakes, (586) 541-4000

Interior Features

Beds and Baths

Full Bathrooms

Building

Building Information

Square Feet

2,040

Year Built

1923

Stories

Construction

Brick

Foundation

Basement

Financial

Special Conditions

HUD Owned

13626 Troester Street, Detroit, MI 48205 3540

Market Report for 48205 3540