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About This Home
This 2-bedroom, 1-bathroom single family at 3489 SEYBURN Street in Detroit, MI is listed for $11,250 ($10 per sqft). Built in 1911, the home offers 1,102 sqft of living space on a 0.07 acres lot.
Property needs a full rehab top to bottom, but don't let that scare you away. The right investor will certainly turn a profit on this Islandview 2 bedroom ranch, just west of West Village. Islandview is named for its proximity to Detroit's island park, Belle Isle.
The neighborhood is bound by Jefferson on the south, Mack to the north, Mt. Elliott to the west and Baldwin Street on the east. 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.
Key Features
- Built in 1911
- 0.07 acre lot
Property Details
Amenities
Monthly Cost Estimate
$60/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3489 SEYBURN Street
Detroit, MI 48214
SEYBURNS STEPHEN Y SUB
Property Details
Heating
Questions & Answers
This 2-bedroom, 1-bathroom single family at 3489 SEYBURN Street is listed at $11,250 ($10/sqft). The estimated monthly payment is $49 based on 20% down at 6.5% interest.
Key features include: Built in 1911, 0.07 acre lot.
This property is listed by Natasha C Richards and can be reached at 3132040310 or natasharichards@comcast.net.