See all 36 photos
$50,000
Est. payment /mo
2 Baths
2,288 SqFt
Active
1931 Lamothe ST Detroit, MI 48206
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $21
Subdivision Whitneys
MLS Listing ID 20251038887
Style Duplex
Full Baths 2
Year Built 1915
Property Sub-Type MultiFamily
Property Description
This parcel is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. 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. BATVAI. IDRBNG.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Unfinished
Interior
Heating OtherHeatingSource
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, BrickMortar
Sewer Unknown
Water Other
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo

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Listed by Erick Monzo of Keller Williams Realty-Great Lakes
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