4288 WEBB St, Detroit, MI 48204 Homes for Sale

For Sale

$28,000

• 3 beds
• 3 baths
• 5873 Sq Ft

4288 WEBB Street,
Detroit, MI, 48204

Latitude 42.377565 - Longitude -83.130171

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Overview

Listing Status Active

MLS 24000584

Property Type

Single Family

Year built

1926

Total rooms

3

Lot size

0.11 Acres

Time on NeighborWho

148 days

Stories

-

Price per Sq Ft

$5

Parking

0e0 car garage

Basement

-

About 4288 WEBB Street, Detroit, MI

Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines... and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that 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. Read more

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