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4613 Meldrum Street Detroit, MI, United States 48207

Welcome to the latest offering from the Detroit Land Bank Authority. Brick 2 family flat in need of a total rehab. This property also includes the adjacent lots at 4603 Meldrum and 4619 Meldrum. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review. 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. Please refer to DLBA proposal guidelines

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Multi Family
  • Architectural Style: Upper/Lower Apartment
  • Home size: 2,878 ft2 / 267.37 m2
  • MLS: 2210096678
  • Status: Active

Property brokered by

Real Estate One, Inc.

(248) 208-2900

Get more listing details on brokerage site

Presented by Eugene Kelley II

  • (248) 506-1257

Contact Eugene Kelley II

Contact Agent

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