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4331 Allendale St Detroit, MI 48204

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For Sale
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Distressed duplex property with investment potential in Detroit.

Lot size:
0.08 Acres

Property Features for 4331 Allendale St

General Information

Property type
Investment
Standard status
Active
Lot size
0.08 Acres

Building Details

Year built
1915

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Listing Contact
Natasha C Richards
Natasha C Richards
Source: Elliman

Listing Agency: Bellabay Realty Tri-Counties Listing Agent: Natasha C Richards

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Detroit Duplex Investment Opportunity

This property presents an investment opportunity. It is a duplex with two bedrooms in the upper unit and two bedrooms in the lower unit. Please note that there is no access to the basement. Sale is contingent on a buyer/seller executed development agreement. 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. The property is distressed, so please enter at your own risk.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1163198
Latitude
42.357061

FAQs

What type of property is this?
Duplex - Distressed duplex property with investment potential in Detroit.
Where is this duplex located?
The property is located at 4331 Allendale St Detroit, MI.
What is the asking price?
The asking price for this property is $9,900.
What are key features of this property?
This property features: - Investment opportunity; - Spacious 4 bedrooms (2 up, 2 down); - Property built in 1915
More about this property
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