1547 LAWRENCE Street, Detroit MI 48206

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$18,000

1547 LAWRENCE Street, Detroit, MI 48206

bedrooms

bathrooms

square feet

2,802

Acreage

0.58

Open Houses

year built

1923

Full Baths

Half Baths

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Embrace the potential of this solid brick multifamily property, nestled in the vibrant Lawrence Park Sub. With two units offering 3 bedrooms and 1 bath each, this property presents an excellent opportunity for investors or owner-occupants seeking to customize and revitalize their investment. This BUNDLE includes 1547 Lawrence, and 2 vacant lots (behind home) 1546 Collingwood and 1532 Collingwood. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing.

Location
Subdivision	LAWRENCE PARK (PLATS)
County	Wayne
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 20240092851

Listing agent: Erick Monzo

Listing broker: Scs Great Lakes Inc (586) 541-4000

Last update: Wednesday, January 15 2025 at 2:41 a.m. EST

Kotohomes National