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About This Home
This 3-bedroom, 1-bathroom single family at 3828 SCOVEL in Detroit, MI is listed for $15,000 ($12 per sqft). Built in 1905, the home offers 1,273 sqft of living space on a 0.03 acres lot.
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Two residential homes for the price of one! This bundle includes 3828 S Scovel Place and 3826 S Scovel Place. These colonial-style row houses offer a fantastic investment opportunity but are in distressed condition, ideal for those looking to renovate and add value.
Each residence features 3 bedrooms, 1 bathroom, and approximately 1,200 square feet of living space. Located near major freeways, these homes offer easy access to the city. With the right vision, this property can be transformed into a profitable investment or restored to its former charm.
Don't miss out on this chance to create something special! This property is being sold as is. Please note that the DLBA 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 abatement 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.
Key Features
- Built in 1905
- 0.03 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$80/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3828 SCOVEL
Detroit, MI 48208
MOORES SUB OF PT OF FRL SEC 2 T
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 3828 SCOVEL is listed at $15,000 ($12/sqft). The estimated monthly payment is $65 based on 20% down at 6.5% interest.
Key features include: Built in 1905, 0.03 acre lot, 2 stories.
This property is listed by Erick Monzo and can be reached at (586) 541-4000 or erick@monzogroup.com.
