5543 Joy, Detroit, Michigan 48204

$12,000
2
BA
2,156
SqFt
List Price
$12,000
Ownership
Bank Owned, Short Sale - No
MLS#
2210010708
Status
ACTIVE
Bathrooms
2
Subdivision
ADDITION TO DAILEY PARK (PLATS)

Property Description

3 Income Properties for the Price of 1!! Subject address is included as part of a 3 property bundle sale totaling $36,000. Addresses include 5523, 5543 and 5563 Joy Rd. Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $12,000 per property. Sale contingent on buyer/seller executed development agreement. 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.

Additional Information

Year Built
1923
Basement Type
Unfinished
Total Number Of Units
2
Zoning
Multi-Family
No 1 Bedrooms
2
Acres
0.11
Style
Colonial, Other
Acres
0.11
School District
Detroit
Heating
Forced Air

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Bellabay Realty Tri Counties.

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