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For lease
Multifamily properties
MI
Detroit
48206
3302 WHITNEY Street

Detroit Multifamily Investment Bundle

3302 WHITNEY Street Detroit, MI 48206

Pending

$4,000/Mo $21 SF/Yr (calc)

MULTI_FAMILY - Other - Detroit, MI

Property size:

2,222 SF

Lot size:

0.07 Acres

Pending

$4,000/Mo $21 SF/Yr (calc)

MULTI_FAMILY - Other - Detroit, MI

Property size:

2,222 SF

Lot size:

0.07 Acres

Added:: Feb 28, 2020
Days on Market:: 2326
Last Refresh:: Jul 12 at 2:06 am

Property Features for 3302 WHITNEY Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: Residential
Bedrooms: 4
Bathrooms: 2
Rooms: Bathroom 1, Bathroom 2, Basement, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4
Standard status: Pending
APN: W12I001471S
Size: 2,222 SF
Lot size: 0.07 Acres

Taxes and HOA fees

Tax Description: N WHITNEY 229 WILDERMERE PARK SUB L19 P98 PLATS, W C R 12/99 30 X 106.65

Utilities

Heating system: Forced Air
Water source: Public

Building Details

Year built: 1914
Floors in Building: 2
Number of units: 2
Building materials: Brick
Architectural style: Other

Listing agent Leonard A Pickett III License #6501306589

Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI

Listing date Feb 28, 2020

MLS# 2200016355 Listing URL

Investment Insights

Based on property information with market context.

This property is part of a bundle of four properties, including 3314 Whitney, 3296 Whitney, and 3290 Whitney, offered for a total of $16,000. The properties are not sold separately and are suitable for experienced investors. The property is located in Detroit, MI. The lot size is 0.07 acres and the property size is 2,222 square feet. The zoning is Residential. Please note that the Detroit Land Bank Authority (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 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.

Key Highlights

Sold as a bundle of 4 properties: 3314 Whitney, 3296 Whitney, and 3290 Whitney (plus the subject property); not sold separately
Year built: 1914
Construction materials: brick

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Current Use by Public Records

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For lease
Multifamily properties
MI
Detroit
48206
3302 WHITNEY Street

What type of property is this?

Multifamily property - Four Detroit multifamily properties sold as a bundle for $16,000.

Where is this multifamily property located?

The property is located at 3302 WHITNEY Street Detroit, MI.

What is the lease rate?

The lease rate is $4,000 /Mo.

What are key features of this property?

This property features: Sold as a bundle of 4 properties: 3314 Whitney, 3296 Whitney, and 3290 Whitney (plus the subject property); not sold separately; Year built: 1914; Construction materials: brick

3302 WHITNEY Street Detroit, MI 48206

MULTI_FAMILY - Other - Detroit, MI

Property Features for 3302 WHITNEY Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Rent Nearby

Wide Open Retail Building

Flex Warehouse with Roll-Up Door

Freestanding Retail Building For Lease

Retail Space on Woodward Avenue

Two-Story Retail Building with Exterior Doors

NNN Restaurant Building with Historic Charm

Landmark Restaurant Building with Awning

Restaurant or Retail Storefront

MI, Detroit - Jefferson Ave

Corktown Storefront on Michigan Avenue

Brewery Park Office Suites Available

RenCen

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