Address
5557 Moran Street Detroit, MI
Price
$ 6,500
Property Attributes
  • ID#2210025552
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet - 6-Mack I75-Conner
  • NeighborhoodCHARLES F LOHRMANS SUB
  • Zip48211
  • StyleColonial
  • Price$ 6,500
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1980
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Bellabay Realty Tri Counties
Data Source:
RealComp - 83 - MI
Property Description

Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. Sale contingent on buyer/seller executed development agreement. 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. Contact listing broker with any questions.

Price History
4/14/2021 Listed $6,500

General Features

Basement Type Unfinished
Construction Materials Other
Cumulative Days on Market 102
Down Payment Resource Yes
Gross Scheduled Income 0.00
Heating Forced Air
Listing Agent Public Id 292343
Net Operating Income 0.00
Ownership Status Government Owned, Short Sale - No
Parcel Number W13I010284S
Property Type Multifamily
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name CHARLES F LOHRMANS SUB (PLATS)
Terms Offered Cash
Total Sq Ft 1980
Transaction Type Sale
Year Built 1909
Zoning Residential

Interior Features

Basement Y/N Yes
Full Baths 2
Heating Fuel Natural Gas
Total Baths 2.00
Total Units 2
Unit Count 2

Exterior Features

Architecture Level 2 Story
Architecture Style Colonial
Foundation Basement
Foundation Materials Block
Frontage Feet 30
Lot Size Area 0.08
Lot Size Dimensions 30.00X112.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Soaring Eagle Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of July 28, 2021 12:59 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48211

Price
AVG $10K
$10K
Visits
AVG 54
74
Year Built
AVG 1914
1909
Walkscore
AVG 39
49
Data Provided by Walkscore ® not using MLS data

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