5557, MORAN, Detroit, MI, 48211
Basics
- Date added: Added 9 months ago
- Category: Multi-Family
- Type: 2 to 4 Units
- Status: Active
- Bathrooms: 0
- Lot size: 0.08 sq ft
- Year built: 1909
- Subdivision Name: CHARLES F LOHRMANS SUB (PLATS)
- Lot Size Acres: 0.08 acres
- County: Wayne
- MLS ID: 24000620
Description
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Description:
Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. 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. Contact listing broker with any questions.
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Location
- Directions: S. of E. Grand Blvd./W of Moran
Building Details
- Number Of Units Total: 2
- Construction Materials: Other
- Sewer: Public Sewer
- Heating: Forced Air, Natural Gas
- Number Of Buildings: 1
- Basement: Full
Amenities & Features
- Parking Total: 2
- Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected
- Association Amenities: Pets Allowed
- Fireplaces Total: 1
Fees & Taxes
- Tax Assessed Value: 0
- Tax Year: 0
- Tax Annual Amount: 0
- Gross Income: 0
School Information
- High School District: Detroit
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: E. Grand Blvd. & Moran
- Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
- Listing Terms: Cash
- Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas
