$60,000 for Sale
2546 w forest, detroit, MI 48208
| Beds 2 | Baths 1 | 1,350 Sqft | 0.11 Acres |
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Property Description
2546 W. Forest + 2540 W. Forest present a unique opportunity to acquire a structure in need of renovation along with an adjacent vacant lot. The DLBA is seeking a qualified proposal for the rehabilitation of 2546 W. Forest, with 2540 W. Forest to be included as part of the overall site plan and redevelopment approach. Proposals should clearly outline the scope of renovation for the existing structure, the intended use of the additional lot, project costs, timeline, and proof of funds sufficient to support completion. The strongest proposals will demonstrate a feasible redevelopment plan, relevant experience, and a cohesive vision for both parcels that contributes positively to the surrounding neighborhood. 2546 & 2540 W Forest are part of a bundle package and must be sold together for $60,000.00 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.
General Information
Sale Price: $60,000
Price/SqFt: $44
Status: Active
MLS#: 60983895
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: stantons
Acres: 0.11
Lot Dimensions: 41 x 115
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 1,350 sq.ft.
Acreage: 0.11 est.
Year Built: 1913
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1: 12x14
Bedroom 2 : 9x10
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 12x12
Livingroom: 12x13
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Cedar
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $552
Est. Winter Taxes: $0
HOA fees:

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Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: 586-541-4000