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4600 Moran Street

Detroit MI 48207

2
2146 sq. ft.
0.23 ac.
Multi-Family
Currently for sale - view listing

Overview

Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223$k. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture might 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

2 bathrooms
2146 sq. ft. floor area
0.23 ac. lot size
Multi-Family

Happy sellers in Detroit

89%
89% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Detroit over the last 12 months.

Local market activity for multi families in Detroit

In the last 12 months, 1 multi family similar to 4600 Moran Street, have been sold.

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