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Great opportunity to invest in the city of Detroit. This brick multi-family home is located in Detroit's Nardin Park neighborhood. Zoned R2. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. See attached documents for DLBA requirements and offer submission information.
Data Source: MiRealSource
Originating MLS: MiRealSource
MLS#: 61045444
Data Source Copyright: © 2026 MiRealSource All rights reserved.
This property was listed on 11/7/2026 and last updated as of 11/8/2026 5:25:49 PM. OSI IDX updated the data from MiRealSource on 11/8/2026 at 7:04 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.