16309 Log Cabin Street

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Source: MiRealSource

Originating MLS: MiRealSource

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RC292343

You don't want to miss this opportunity. This 2 bedroom up/down duplex is conveniently located near shopping, dining, and public transportation, offers strong rental appeal. 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 Information

Property Details

Location

Address

16309 Log Cabin Street

County

Wayne

City

Detroit

Zip Code

48203 2618

Subdivision

Log Cabin Heights Sub

School District

Detroit City School District

MLS Area

Detroit (82001)

Listing provided by Bellabay Realty Tri Counties, (248) 274-6614

Interior Features

Beds and Baths

Full Bathrooms

Half Bathrooms

Building

Building Information

Square Feet

1,742

Year Built

1925

Stories

Construction

Brick

Foundation

Basement

Financial

Special Conditions

HUD Owned

16309 Log Cabin Street, Detroit, MI 48203 2618

Market Report for 48203 2618