Welcome to the latest offering from the Detroit Land Bank authority. This 2 bedroom frame home sits on a fairly large lot located in the Regent Park community. This home needs a bit of TLC, but with the right touches it can be a good starter home or investment property. 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/or 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. Please refer to DLBA proposal guidelines
Listed By
Agency Name: Real Estate One-Southfield
Agency Phone: (248) 723-0055
Shown By
Agent Name: Danielle Strickler
Agent Phone: (419) 290-9674
Agency Title: Key Realty
Estimated Payment
$ 61.80 per month $58.73 Principal & Interest $0.00 Property Tax (data not provided by mls) $3.06 Homeowner's Insurance
14995 Maddelein Street | MLS# 20261002309
This single family home located at 14995 Maddelein Street, Detroit, MI 48205 is currently listed for sale with an asking price of $10,500. This property was built in 1920 and has 2 bedrooms and 1 full baths with 580 sq. ft. Maddelein Street is located in the Gratiot American Park subdivision within the Detroit school district. Search Gratiot American Park real estate on www.danielle-realty.com today.