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About This Home

This 3-bedroom, 2-bathroom single family at 14065 MANNING Street in Detroit, MI is listed for $20,500 ($13 per sqft). Built in 1922, the home offers 1,629 sqft of living space on a 0.09 acres lot.

Agent Description

Welcome to the latest offering from the Detroit land Bank Authority. Calling all investors. We give you a rare opportunity own 2 homes on one lot. 3 Bedroom brick colonial on the street and a 2 bedroom ranch in the back where the garage would be. Both homes need total rehab, but it could make for a great investment.

Live in one and rent out the other. Bring your ideas and your hard hat and lets get to work. 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/or 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

Key Features

  • Built in 1922
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
2 full
1922

Monthly Cost Estimate

$110/mo

20% down · 6.5% · 30 years

Principal$15
Interest$89
Insurance$6

Estimates only. Actual payments may vary.

Location

14065 MANNING Street

Detroit, MI 48205

GRATIOT LAWN

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 14065 MANNING Street is listed at $20,500 ($13/sqft). The estimated monthly payment is $89 based on 20% down at 6.5% interest.

Key features include: Built in 1922, 0.09 acre lot, 2 stories.

This property is listed by Gene Kelley II and can be reached at (248) 304-6700 or kelleygroup17@gmail.com.

GI

Gene Kelley II

Agent at Real Estate One-Southfield

(248) 304-6700

Listed by Real Estate One-Southfield · View on Broker Site

MLS# 20261019763· Source: listhub· Updated 67 days ago

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14065 MANNING Street, Detroit, MI 48205

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