8773 PETOSKEY Avenue Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48204
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $2
Subdivision Lambrecht Kelly & Cos Grand River Terminal(Plats)
MLS Listing ID 20221067394
Style Colonial
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1918
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40.00 x 100.00
Property Description
Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Direction TAKE GRAND RIVER AVE HEADED SOUTH MAKE A LEFT TURN ONTO MACKINAC THAN MAKE A RIGHT ONTO PETOSKEY
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W14I007114S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash