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

Detroit, MI, 48211
$ 6,500
Baths0.0

Monthly Estimate*

$ 45

5557 MORAN Street, Detroit, MI 48211 - Image 1
5557 MORAN Street, Detroit, MI 48211 - Image 2
5557 MORAN Street, Detroit, MI 48211 - Image 3
5557 MORAN Street, Detroit, MI 48211 - Image 4
5557 MORAN Street, Detroit, MI 48211 - Image 5
5557 MORAN Street, Detroit, MI 48211 - Image 6
5557 MORAN Street, Detroit, MI 48211 - Image 7
5557 MORAN Street, Detroit, MI 48211 - Image 8
Studio

Multi-Family Home for sale in Detroit, MI

for $6,500. This 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

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

2 to 4 Units

Lot Size

0.08

Year Built

1909

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

24000620
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Public Water Available Public Sewer Available Natural Gas Available Electric Available Natural Gas Connected Electric Connected
Possession Close Of Escrow
Construction Materials Other
Year Built 1909
Tenant Pays Electric Water Trash Collection Sewer Gas
Property SubType 2 to 4 Units
Tax Year 0
Gross Income 0.0
County Wayne
Net Operating Income 0.0
New Construction N
Property Type Multi-Family
Association Amenities Pets Allowed
HOA / Comm Assn Y
Subdivision Name CHARLES F LOHRMANS SUB (PLATS)
Status Active
Directions S. of E. Grand Blvd./W of Moran
City Detroit
High School District Detroit
Zoning Description Residential
Total Units 2
MLS Area Wayne County - 100
Lot Size Square Feet 3485.0
Waterfront Y/N N
Street Name MORAN
Land Lease Y/N N
Tax Annual Amount 0.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 118
Standard Status Active
Tax Assessed Value 0
Legal Description W MORAN 68 CHAS F LOHRMANS L16 P31 PLATS W C R 13/151 30 X 111.50
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Total Parking 2.0
Lot Size Area 0.08
Number of Buildings 1
Spa N
Lot Dimensions 30.00 x 112.00
Lot Size Acres 0.08
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5557
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* Excluded Features
List By
Bellabay Realty Tri-Counties

Broker

natasharichards@comcast.net

Email

Affordability Calculator

$45
Per Month
100%
0%
0%
Monthly Principal & Interest
$45
Monthly Property Taxes
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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
3706345 Elementary School
3706341 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/2/2024$6,500 Listed Price

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5557 MORAN Street, Detroit, MI, 48211 is a Multi-Family Home for sale at $6,500 with a lot size of 0.08. 5557 MORAN Street is a studio with 0.0 baths and was built in 1909. The property's zip code is 48211 which is in Detroit, MI

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