• Asking Price $45,000
  • Estimated Value: $42,125
  • 514 MOUNT VERNON ST DETROIT, MI 48202

  • 3 Beds 2 Baths 1,348 SqFt
  • Single Family Home / Resale (MLS)

Property Details for 514 MOUNT VERNON ST, DETROIT, MI 48202

Features

  • Price/sqft: $33
  • Lot Size: 3485.00 sq. ft.
  • Total Rooms: 6
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2
  • Stories: 100
  • Heating: Hot Water Heating
  • Exterior Walls: Shingle (Not Wood)

Facts

  • Year Built: 01/01/1910
  • Property ID: 837969284
  • MLS Number: 20230099099
  • Parcel Number: 03002082.
  • Property Type: Single Family Home
  • County: WAYNE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Welcome to the latest offering from the Detroit Land Bank Authority. single family home with an attached lot ready for your development ideas. Home needs extensive rehab, but there are excellent opportunities available with this property. 506 mt vernon is also included in the sale. 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/or 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. Please refer to DLBA proposal guidelines

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Property Brokerage: Real Estate One 26261 Evergreen Road Ste 180 Southfield MI 48076
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.