4288 Webb Street, Detroit, MI

$28,000

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3

Beds

3

Baths

5,873

Square feet

0.11

Acres

About 4288 Webb Street

Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority 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.

Features of 4288 Webb Street

MLS® # 24000584
Price $28,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 5,873
Acres 0.11
Year Built 1926
Type Residential
Sub-Type Single Family Residence
Style Colonial
Status Active

Community Information

Address 4288 Webb Street
Area Wayne County - 100
Subdivision STACKS LOVETT AVE (PLATS)
City Detroit
County Wayne
State MI
Zip Code 48204

Amenities

Is Waterfront No
Has Pool No
New Construction No

Interior

Heating Forced Air
Fireplace No
# of Stories 2

School Information

District Detroit

Listing Details

AgentNatasha Richards
OfficeBellaBay Realty Tri-Counties

Listing Map

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