$525,000  pending
3418-3426 john r,  detroit, MI 48201
   
   
 
| Beds 9 | Baths 9 | 5,550 Sqft | 0.10 Acres |  | 1 of 20 | 
 
 
Property Description
Amazing BRUSH PARK Residential Development Opportunity in the heart of Detroit. One of a kind opportunity to be neighbors with some of the most monumental redevelopments in Detroits resurgence, such as Little Caesars Arena, Wayne State University Mike Illitch School of Business, Detroit Medical Center, and many more. The Detroit Land Bank Authority is seeking a developer for a prime development site comprised of a vacant shell to be transformed into apartment or condo use under the current R5 Zoning - Minimum Density Residential District. The site contains 3 adjacent structures: 3418, 3422 and 3426 John R Street. Detailed proposals are not limited to site plans, Proof of Funds for both the acquisition and construction costs, as well as developer experience. The Development Proposal Guidelines and offer instructions are attached to listing. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer. All proposals are due November 14, 2021.
General Information
  
Sale Price: $525,000
Price/SqFt: $95
Status: Pending
MLS#: 40246551
   
  
City: detroit
Post Office: detroit
Schools: detroit city school district
 
County: Wayne
Subdivision: erskine terrace
 Acres: 0.1
 Lot Dimensions: 64.00 X 73.00
   
  
Bedrooms:9
 Bathrooms:9   (6 full, 3 half)
House Size: 5,550 sq.ft.
Acreage: 0.1 est.
Year Built: 1903
Property Type: Single Family
Style: Townhouse
   
 
 
Features & Room Sizes
 
  
Bedroom 1:  
 Bedroom 2 :  
 Bedroom 3:  
 Bedroom 4:  
 Family Room:  
 Greatroom:  
 Dinning Room:  
 Kitchen:  
 Livingroom:  
 Pole Buildings:  
 Paved Road:  Paved Street
 Garage:  No Garage
 Exterior:  Brick,Stone
 Exterior Misc:  Exterior Balcony
  
  
  
Basement:  Yes
 Basement Description:  Unfinished
 Foundation :  Basement
 Heating:  Forced Air
 Fuel:  Natural Gas
 Waste:  Public At Street
 Watersource:  Public Water at Street
  
  
 
Tax, Fees & Legal
 
  
Est. Summer Taxes:  $8
 Est. Winter Taxes:  $1
 
  
  
HOA fees:  
 
  
  
 

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Listing By: James Bufalino of Premier Property Services LLC, Phone: 313-822-9000