3196 LOCKWOOD Street Detroit, MI ^$ 5,000

3196 LOCKWOOD Street

^$ 5,000

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3196 LOCKWOOD Street

Detroit, MI, 48210

^$ 5,000

Bedrooms2 Baths2.0 Sq 2,000

Monthly Estimate*

^$ 33

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 1

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 2

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 3

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 4

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 5

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 6

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 7

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 8

3196 LOCKWOOD Street, Detroit, MI 48210 - Image 9

Single Family Home for sale in Detroit, MI

for $5,000 with 2 bedrooms and 2 full baths. This 2,000 square foot home was built in 1905 on a lot size of 0.1.

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.

Single Family Active

Price

^$ 5,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Bungalow

Lot Size

0.1

Year Built

1905

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60309813

Features

General

Heating Hot Water

Kitchen Level Entry

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1905

Subdivision MC MILLANS & WHITINGS SUB OF O L 44 MI

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Percent Ownership Government Owned

Municipality Detroit

Structure Style 1 1/2 Story

Area Detroit (82001)

Primary City Detroit

Directions TAKE MICHIGAN AVE HEADED EAST PASS JUNCTION MAKE RIGHT ONTO LOCKWOOD

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description E LOCKWOOD 199 MCMILLAN & WHITING SUB L14 P97 PLATS W C R 16/76 30 X 146.61

DOM 20

Postal Code 48210

Price Per Sq Ft Total AG 2.5

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 Unfinished

Beds 2

Fireplace? No

Total Rooms 5

Exterior

Exterior Wood

Frontage 30

Lot Size Area 0.1

Pool (Y/N) No

Lot Dimensions 30X147

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

$33

Per Month

Monthly Principal & Interest: $33
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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

Single family listings in Detroit, MI

Average List Price ^$117,782

Percent of Sale Price 2,256%

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
5/22/2024	$5,000		Listed Price

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3196 LOCKWOOD Street, Detroit, MI, 48210 is a Single Family Home for sale at $5,000 with 2,000 sqft and a lot size of 0.1. 3196 LOCKWOOD Street has 2 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 48210 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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3196 LOCKWOOD Street

Single Family Home for sale in Detroit, MI

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