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  • Photo 1 of 4212 Webb ST

4212 Webb ST

Detroit, Wayne County

$18,500

2 baths · 2,144 sq ft · Multi-family

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  • 4212 Webb ST
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Year built
1929
Lot
0.08 acres
Garage
0 cars
Days on market
7
MLS number
20261089775
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Great opportunity to invest in the city of Detroit. This brick multi-family home is located in Detroit's Nardin Park neighborhood. Zoned R2. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

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Realcomp IDX

Listing courtesy of RCH Brokerage Legacy Inc · (248) 440-2268

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