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About This Home
This 2-bedroom, 1-bathroom single family at 15772 Chatham Street in Detroit, MI is listed for $10,500 ($15 per sqft). Built in 1949, the home offers 705 sqft of living space on a 0.13 acres lot.
Welcome to the latest offering from the Detroit Land Bank Authority. Discover a unique opportunity with this 2-bedroom ranch home located in Detroit. This aluminum-sided gem is awaiting your personal touch and creativity. Nestled on a spacious lot, it also includes an additional lot at 15776 Chatham, offering plenty of room for outdoor activities, landscaping, or gardening.
Imagine the potential to create your own urban oasis or a perfect space for family gatherings. Conveniently located near local amenities and transportation, this home is ideal for those seeking a project with great possibilities. 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 1949
- 0.13 acre lot
Property Details
Monthly Cost Estimate
$56/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
15772 Chatham Street
Detroit, MI 48223
Hayes Park
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 1-bathroom single family at 15772 Chatham Street is listed at $10,500 ($15/sqft). The estimated monthly payment is $46 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 0.13 acre lot.
This property is listed by Gene Kelley II and can be reached at (248) 304-6700 or kelleygroup17@gmail.com.
