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For sale
Single family properties
MI
Detroit
48206
3740 ROCHESTER Street

Detroit Colonial Multi-Family Rehab Opportunity

3740 ROCHESTER Street, Detroit, MI 48206

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For Sale

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MULTI_FAMILY - Colonial - Detroit, MI

Property size:

4,030 SF

Lot size:

0.10 Acres

Price / SF:

$2/SF

HighLights

Includes two additional vacant lots for expanded development potential.
Brick construction offers durability.
Colonial architectural style provides a desirable aesthetic.
Forced air heating system is in place.
Multiple bedrooms (6) and bathrooms (4) offer significant living space.
Located near coordinates -83.12135, 42.374023.

We can help!

Listing Contact

Leonard A Pickett III

For Sale

Contact for pricing

MULTI_FAMILY - Colonial - Detroit, MI

Property size:

4,030 SF

Lot size:

0.10 Acres

Price / SF:

$2/SF

Added:: Mar 22, 2023
Days on Market:: 1191
Last Refresh:: Jun 24 at 10:06 am

Property Features for 3740 ROCHESTER Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: Residential
Bedrooms: 6
Bathrooms: 4
Rooms: Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Basement
Standard status: Active
APN: W14I003559S
Size: 4,030 SF
Lot size: 0.10 Acres

Taxes and HOA fees

Tax Description: N ROCHESTER E 25 FT 53 W 16 FT 52 MCQUADES DEXTER BLVD SUB L35 P5 PLATS, W C R 14/184 41 X 108.50

Utilities

Heating system: Forced Air
Water source: Public

Building Details

Year built: 1924
Floors in Building: 2
Number of units: 2
Building materials: Brick
Architectural style: Colonial

We can help!

Listing Contact

Leonard A Pickett III

Listing agent Leonard A Pickett III License #6501306589

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

Listing date Mar 22, 2023

MLS# 20230020319 Listing URL

HighLights

Includes two additional vacant lots for expanded development potential.
Brick construction offers durability.
Colonial architectural style provides a desirable aesthetic.
Forced air heating system is in place.
Multiple bedrooms (6) and bathrooms (4) offer significant living space.
Located near coordinates -83.12135, 42.374023.

Overview

This multi-family colonial property in Detroit, MI, is being sold as a bundle with two vacant lots located at 3724 and 3734 Rochester. The properties are not sold separately and require full rehabilitation. Prospective buyers are required to submit a purchase proposal that includes detailed rehabilitation plans and a financing plan, accompanied by proof of funds or a pre-approval letter for a new construction loan. The property size is 4,030 square feet and the lot size is 0.1 acres. Please note that the Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the five tax years following the transfer of ownership. This tax capture may not be compatible with other tax abatements available to the purchaser. 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 amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. Buyer to verify all information.

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Location Insight

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Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -83.121352
Latitude: 42.374024

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For sale
Single family properties
MI
Detroit
48206
3740 ROCHESTER Street

What type of property is this?

Single family property - Multi-family property with rehab potential, bundled with vacant lots.

Where is this single family property located?

The property is located at 3740 ROCHESTER 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: Includes two additional vacant lots for expanded development potential.; Brick construction offers durability.; Colonial architectural style provides a desirable aesthetic.

3740 ROCHESTER Street, Detroit, MI 48206

MULTI_FAMILY - Colonial - Detroit, MI

Property Features for 3740 ROCHESTER Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Auto Repair Facility

Detroit Industrial Opportunity For Sale

Detroit Retail Center on Joy

E Warren Retail Opportunity

Rail-Served Heavy Industrial Yard

Turnkey Dry Cleaning Facility

Profitable Auto Business with Real Estate

Detroit Industrial Property with Renovated Office

Detroit Commercial/Industrial Multi-Use Property

Renovated 18-Unit Brick Apartment

Detroit Mixed-Use Property For Sale

Detroit Office Building on Grand River

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