2187 CONCORD Street Detroit, MI ^$ 5,000

2187 CONCORD Street

^$ 5,000

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2187 CONCORD Street

Detroit, MI, 48207

^$ 5,000

Studio Baths2.0 Sq 2,386

Monthly Estimate*

^$ 35

2187 CONCORD Street, Detroit, MI 48207 - Image 1

2187 CONCORD Street, Detroit, MI 48207 - Image 2

2187 CONCORD Street, Detroit, MI 48207 - Image 3

2187 CONCORD Street, Detroit, MI 48207 - Image 4

2187 CONCORD Street, Detroit, MI 48207 - Image 5

2187 CONCORD Street, Detroit, MI 48207 - Image 6

2187 CONCORD Street, Detroit, MI 48207 - Image 7

Studio

Multi-Family Home for sale in Detroit, MI

for $5,000 with 2 full baths. This 2,386 square foot home was built in 1913 on a lot size of 0.11.

Great for experienced investors. 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 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. BATVAI. Please see attached documents for DLBA guidelines and offer submission information. BATVAI

Multi-Family Active

Price

^$ 5,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Colonial

Lot Size

0.11

Year Built

1913

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60041568

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1913

Subdivision MILLS SUB NO 3 (PLATS) MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Percent Ownership Government Owned

Municipality Detroit

Zoning Residential

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions TAKE MACK AVE HEADED EAST PASS MT ELLIOT MAKE RIGHT ONTO CONCORD AVE

City Detroit

School District Detroit City School District

Street Name CONCORD

Financial Terms Cash

Legal Description W CONCORD S 25 FT 29 N 5 FT 30 MILLS SUB NO 3 L26 P12 PLATS W C R 15/32 30 X 153.27

DOM 805

Postal Code 48207

Price Per Sq Ft 2.1

Coming Soon Great for experienced investors. 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

Interior

Basement Poured

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick Wood

Lot Size Area 0.11

Lot Dimensions 30.00X153.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Leonard Pickett

Listing Agent

Rch Brokerage Legacy Inc

Broker

lpickettiii@rchlegacy.com

Affordability Calculator

$35

Per Month

Monthly Principal & Interest: $35
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$217,210

Percent of Sale Price 4,244%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/15/2022	$5,000		Listed Price

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2187 CONCORD Street, Detroit, MI, 48207 is a Multi-Family Home for sale at $5,000 with 2,386 sqft and a lot size of 0.11. 2187 CONCORD Street is a studio with 2.0 baths and was built in 1913. The property's zip code is 48207 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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2187 CONCORD Street

Multi-Family Home for sale in Detroit, MI

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