$7,500

Untitled Listing

Detroit, Michigan 48206

Wildemere Park Neighborhood

11392 Sq FT

$0.66 Price per Sq Ft

Highlights

About This Home

Calling all investors to update this 13 unit brick apartment building. No interior access. Included in the deal is the vacant land across the street (2747 Montgomery).The lot is to be used for parking or green space for future tenants of this building. Buyer needs to eliminate exterior blight within 180 days of purchase. Compliance for eliminating exterior blight is windows, doors installed, holes in exterior & roof fixed, exterior lighting, register property as vacant with BSEED. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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 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. BATVAI Please see attached docs.

Listing Agent

Leonard A Pickett III

RCH Brokerage Legacy Inc

Listed on : June 27, 2025

Co-Listing Agent

Clarence R Wilson

Activity

Days on Market:

271

Home Details

Home Type

CommercialSale

Est. Annual Taxes

Year Built

Built in 1920

Lot Details

0.11 Acre Lot
Lot Dimensions are 46.50X106.70

Parking

Home Design

Interior Spaces

11,392 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

DetroitCity_Wayne, Michigan
Wayne County
Postal Code: 48206

Utilities

NaturalGas, Steam
Water Source: Public
Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

Contact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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