5557 Moran Street Detroit, MI $ 6,500
5557 Moran Street
$ 6,500
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5557 Moran Street

Detroit, MI, 48211
$ 6,500
Bedrooms4 Baths2.0 Sq 1,980

Monthly Estimate*

$ 45

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Multi-Family Home for sale in Detroit, MI

for $6,500 with 4 bedrooms and 2 full baths. This 1,980 square foot home was built in 1909 on a lot size of 0.08.

Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. Sale contingent on buyer/seller executed development agreement. 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 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. Contact listing broker with any questions.

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Multi-Family Active

Price

$ 6,500

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Colonial

Lot Size

0.08

Year Built

1909

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240024484

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 2
Fireplace 0
Street Suffix Street
Total Baths 2.00
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Pets Allowed Yes
Zoning Residential
Pool Y/N 0
Full Baths 2
Half Baths 0
Year Built 1909
Property Type Multifamily
Subdivision Name CHARLES F LOHRMANS SUB (PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Active
Short Sale No
Parking Total 2
Construction Materials Other
Cumulative Days on Market 5
MLS Area Det: 6-Mack I75-Conner
Directions S. of E. Grand Blvd./W of Moran
City Detroit
Terms Offered Cash
School District Detroit
Land Contract 0
Down Payment Resource 1
Ownership Status Government Owned Short Sale - No
Street Name MORAN
Homestead 0
Assessment 0.00
Total Sq Ft 1980
DOM 5
Legal Description W MORAN 68 CHAS F LOHRMANS L16 P31 PLATS W C R 13/151 30 X 111.50
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Exterior
Waterfront 0
Lot Size Area 0.08
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 30.00 x 112.00
Garage Y/N 1
Architecture Level 2 Story
Architecture Style Colonial
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Natasha C Richards

Listing Agent

Bellabay Realty Tri Counties

Broker

(248) 274-6614

Phone

Affordability Calculator

$45
Per Month
100%
0%
0%
Monthly Principal & Interest
$45
Monthly Property Taxes
--
Monthly Home Insurance
--
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$6,500 Listed Price

Map


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5557 Moran Street, Detroit, MI, 48211 is a Multi-Family Home for sale at $6,500 with 1,980 sqft and a lot size of 0.08. 5557 Moran Street has 4 bedrooms, 2.0 baths, and was built in 1909. The property's zip code is 48211 which is in Detroit, MI