About This Home
This 3-bedroom, 1-bathroom single family at 12326 GARNET Street in Detroit, MI is listed for $48,000 ($48 per sqft). Built in 1967, the home offers 994 sqft of living space on a 0.12 acres lot.
Key Features
- Built in 1967
- 0.12 acre lot
Property Details
Great invest opportunity offering a brick ranch with full basement and attached garage that includes 7 lots, 13037, 13047, 13053, 13057, 13059, 13079 & 13089 Houston-Whittier. These lots are to primed for development, so don't sleep on this opportunity.
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.
Monthly Cost Estimate
$257/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12326 GARNET Street
Detroit, MI 48205
THOMAS HITCHMANS SUB OF PT SEC 12 (PLATS)
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 12326 GARNET Street is listed at $48,000 ($48/sqft). The estimated monthly payment is $257 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1967, 0.12 acre lot.
This property is listed by Natasha C Richards and can be reached at (248) 274-6614.