Detroit, MI 48206,2903 MONTGOMERY Street
Detroit, MI 48206,2903 MONTGOMERY Street
Detroit, MI 48206,2903 MONTGOMERY Street
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$7,500
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11,392 SqFt
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2903 MONTGOMERY Street Detroit, MI 48206

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,392 sqft

Price per Sqft $0

MLS Listing ID 20251012652

Year Built 1920

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 46.50X106.70

Source Realcomp

Property Description

Calling all investors to update this 13 unit brick apartment building. No interior access. Included in the deal is the vacant land across the street (2747 Montgomery).The lot is to be used for parking or green space for future tenants of this building. Buyer needs to eliminate exterior blight within 180 days of purchase. Compliance for eliminating exterior blight is windows, doors installed, holes in exterior & roof fixed, exterior lighting, register property as vacant with BSEED. 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. 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 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. BATVAI Please see attached docs.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction TAKE DEXTER SOUTH PASS JOY RD MAKE LEFT ONTO MONTGOMERY

Rooms

Basement Basement

Interior

Heating Steam

Exterior

View Y/N No

Roof Type Rubber

Building

Foundation Brick/Mortar

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W12I001592S


Listed by RCH Brokerage Legacy Inc

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agent

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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2903 MONTGOMERY Street