4331 ALLENDALE Street Detroit, MI 48204

Building Details

Year Built

1915

Listing agency Bellabay Realty Tri Counties n***@comcast.net Show Phone

Listed by Natasha C Richards · License #6502385914 Show Phone

Source Exitrealty

Added: Oct 7, 2024 Updated: Jul 6 at 12:15PM Checked: Jul 22 at 8:18AM

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Investment Insights

Based on property information with market context.

This distressed property presents an investment opportunity. The building is a duplex with two units, each containing two beds. 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, which may be incompatible with tax abatements and lot combinations. The 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 located on Allendale Street in Detroit City, MI. The property size is 2196 square feet.

Key Highlights

• Four bedrooms, two located upstairs and two downstairs.
• Investment opportunity available.
• Property built in 1915.

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FAQs

What type of property is this?

Duplex - Distressed duplex property in Detroit, offering investment potential.

Where is this duplex located?

The property is located at 4331 ALLENDALE Street Detroit, MI.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: Four bedrooms, two located upstairs and two downstairs.; Investment opportunity available.; Property built in 1915.