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  • Photo 1 of 3814 Montgomery Street

3814 Montgomery Street

Detroit, Wayne County

$19,999

4 beds · 1 bath · 1,495 sq ft · House

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  • 3814 Montgomery Street
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Year built
1915
Lot
0.13 acres
Annual taxes
$2,584
Garage
0 cars
Days on market
81
MLS number
20261067423
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Attention investors, check out this latest offering from the Detroit Land Bank Authority. Welcome to an incredible investment opportunity in the Petoskey-Otsego neighborhood with 3 bedrooms, 1 bathroom, and over 1,400 sq. ft. of living space. Property requires a full renovation, offering investors a chance to restore a classic Detroit home. Spacious layout with original character still intact. Please note that the DLBA 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 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. Located minutes from Downtown Detroit, this home sits on a spacious lot with strong neighborhood potential. Recent sales of renovated homes in the area suggest an ARV in the $215k+ range, depending on finishes and scope of work.

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Realcomp IDX

Listing courtesy of RE/MAX Leading Edge · (313) 277-7777

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