5700 TOWNSEND Street, Detroit MI 48213

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$28,500

5700 TOWNSEND Street, Detroit, MI 48213

bedrooms

bathrooms

square feet

4,112

Acreage

0.08

Open Houses

year built

1912

Full Baths

Half Baths

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6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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
Subdivision	WM TAITS (PLATS)
County	Wayne
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 20240071565

Listing agent: Natasha C Richards

Listing broker: Bellabay Realty Tri-Counties (248) 274-6614

Last update: Friday, January 31 2025 at 3:40 p.m. EST

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