Detroit, MI 48204,9611 Otsego ST
Detroit, MI 48204,9611 Otsego ST
Detroit, MI 48204,9611 Otsego ST
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$15,000
Est. payment /mo
4 Baths
2,980 SqFt
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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,980 sqft

Price per Sqft $5

Subdivision Graham & Carrolls Grand River Sub

MLS Listing ID 20251061040

Style Colonial

Full Baths 4

Year Built 1923

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type MultiFamily

Property Description

Great opportunity to invest in the city of Detroit. This brick Quadplex is located in Detroit's Nardin Park neighborhood and zoned R2. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the 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. See attached documents for DLBA requirements and offer submission information. other Detroit

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition GovernmentOwned, ShortSaleNo

Pets Allowed Yes


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Realcomp MLS
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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9611 Otsego ST