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About This Home

This 3-bedroom, 1-bathroom single family at 4753 Mount Elliott Street in Detroit, MI is listed for $7,500 ($6 per sqft). Built in 1900, the home offers 1,198 sqft of living space on a 0.13 acres lot.

Agent Description

Wait till you see this investment opportunity! 3 Bedroom 1 Bath Bungalow waiting on your personal touch. This one won't last long! 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.

Key Features

  • Built in 1900
  • 0.13 acre lot
  • 1.5 stories

Property Details

2 stories
1 full
1900

Amenities

Basement

Monthly Cost Estimate

$40/mo

20% down · 6.5% · 30 years

Principal$5
Interest$33
Insurance$2

Estimates only. Actual payments may vary.

Location

4753 Mount Elliott Street

Detroit, MI 48207

Lieb Farm Sub Of Estate Of The Late Peter Girard

Property Details

Construction

Other

Heating

Forced AirNatural Gas

Questions & Answers

This 3-bedroom, 1-bathroom single family at 4753 Mount Elliott Street is listed at $7,500 ($6/sqft). The estimated monthly payment is $33 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.13 acre lot, 1.5 stories.

This property is listed by Natasha C Richards and can be reached at 3132040310 or natasharichards@comcast.net.

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NR

Natasha C Richards

Agent at Bellabay Realty Tri Counties

(313) 204-0310

Listed by Bellabay Realty Tri Counties · View on Broker Site

MLS# 20251036421· Source: listhub· Updated 208 days ago

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4753 Mount Elliott Street, Detroit, MI 48207

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