3814 Montgomery Street, Detroit, MI 48206 2316
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 19,999
Est. payment | /mo

4 Beds

1 Bath

1,495 SqFt

Save
$ 19,999
Est. payment | /mo
Save

4 Beds

1 Bath

1,495 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,495 sqft

Price per Sqft $13

Subdivision Holden & Murrays 2Nd Sub

MLS Listing ID 61023846

Style 2 Story

Bedrooms 4

Full Baths 1

Abv Grd Liv Area 1,495

Year Built 1915

Annual Tax Amount $2,584

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 52.5X107

Property Sub-Type Single Family

Property Description

Attention investors, check out this latest offering from the Detroit Land Bank Authority. Welcome to an incredible investment opportunity in the Petoskey-Otsego neighborhood with 3 bedrooms, 1 bathroom, and over 1,400 sq. ft. of living space. Property requires a full renovation, offering investors a chance to restore a classic Detroit home. Spacious layout with original character still intact. 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 abatements 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. Located minutes from Downtown Detroit, this home sits on a spacious lot with strong neighborhood potential. Recent sales of renovated homes in the area suggest an ARV in the $215k+ range, depending on finishes and scope of work.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Garage No

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Colonial, Other

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA 203K

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX Leading Edge

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Shannon Bagdonas
Shannon Bagdonas

Team Lead / Broker Partner

+1(313) 766-8387

movinginmichigan.net

6838 Park Ave, Allen Park, MI 48101-2036, USA

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3814 Montgomery Street