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About This Home
This 3-bedroom, 2-bathroom townhouse at 2515 Ash Street in Detroit, MI is listed for $18,000 ($8 per sqft). Built in 1910, the home offers 2,200 sqft of living space on a 0.03 acres lot.
Great opportunity for experienced investor. This townhouse style home is zoned R2 and located in Detroit's North Corktown. Sale includes three townhouse units 2511 Ash, 2515 Ash and 3095 17th St. Totaling $50K for the bundle. This property needs full rehab.
Buyer must submit a proposal to purchase. This property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser.
DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments. Proposal should be submitted through google doc application. Use the link in the attachments.
Key Features
- Built in 1910
- 0.03 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$96/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2515 Ash Street
Detroit, MI 48208
Sub Of Pt Of Stanton Farm
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 2-bathroom townhouse at 2515 Ash Street is listed at $18,000 ($8/sqft). The estimated monthly payment is $78 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.03 acre lot, 2 stories.
This property is listed by Leonard A Pickett III and can be reached at (248) 440-2268 or lpickettiii@rchlegacy.com.
