18
See all 18 photos
$20,000
Est. payment /mo
2 Beds
1 Bath
1,047 SqFt
Active
14390 LAPPIN ST Detroit, MI 48205
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Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,047 sqft
Price per Sqft $19
Subdivision Gratiot American Park
MLS Listing ID 20240079124
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1933
Property Sub-Type SingleFamilyResidence
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 2 bedroom frame ranch in a mostly brick neighborhood. Home needs a ton of work, but it is being sold as part of a bundle so you get 3 for the price of 1. Sale also includes 14531 and 14578 Lappin all for the price listed above.
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.
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.
Location
State MI
County Wayne
Area Area05054Det8Togratiothoustonto7
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features OneCarGarage, Detached
Garage Spaces 1.0
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, QuitClaimsDeed
Listing Terms Cash, QuitClaimsDeed
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Gene Kelley II of Real Estate One-Southfield
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