Detroit, MI 48238,2626 Tyler Street
Detroit, MI 48238,2626 Tyler Street
Detroit, MI 48238,2626 Tyler Street
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$19,900
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4 Baths
3,049 Sqft Lot
New

2626 Tyler Street Detroit, MI 48238

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20251038948

Year Built 1924

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 35X92

Source Realcomp

Property Description

4-Unit Investment Opportunity in Dexter-Linwood Neighborhood – Detroit Land Bank OwnedFantastic opportunity to restore this four-unit property in the Dexter-Linwood neighborhood of Detroit. Each unit features two bedrooms and one bath, making it ideal for a redevelopment project with strong rental potential. The parcels are 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. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline)2. Proof of Funds (bank statement or lender letter), 3. Scope of Work (breakdown of renovation costs), 4. Proof of Previous Projects: (include addresses and photos). Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction From Rosa L Park Blvd, go west on Davison St, then south on Lawton St, then west on Tyler St.

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W10I004133S

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition {"Other":true}


Listed by Keller Williams Realty-Great Lakes

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Chris Buckely

Chris Buckely

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

+1(312) 313-5553

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2626 Tyler Street