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About This Home
This 4-bedroom, 2-bathroom residential multi family at 4266 WAVERLY Street in Detroit, MI is listed for $7,500 ($4 per sqft). Built in 1927, the home offers 2,016 sqft of living space on a 0.08 acres lot.
Welcome to the latest offering from the Detroit land bank authority. Brick 2 family flat in need of major rehab located in the much sought after Russell Woods subdivision. Bring your hard hat and your budget and get to work. Your new project awaits. 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 1927
- 0.08 acre lot
- 2 stories
- 1 parking spaces
Property Details
Monthly Cost Estimate
$40/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4266 WAVERLY Street
Detroit, MI 48238
RUSSELL WOODS (PLATS)
Property Details
Construction
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 4266 WAVERLY Street is listed at $7,500 ($4/sqft). The estimated monthly payment is $33 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.08 acre lot, 2 stories, 1 parking spaces.
This property is listed by Gene Kelley II and can be reached at (248) 304-6700 or kelleygroup17@gmail.com.
