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About This Home

This 6-bedroom, 2-bathroom residential multi family at 4824 CORTLAND Street in Detroit, MI is listed for $15,000 ($6 per sqft). Built in 1926, the home offers 2,406 sqft of living space on a 0.09 acres lot.

Agent Description

Welcome to this exciting new offering presented by the Detroit Land Bank! This multifamily home features two spacious units, providing an excellent investment opportunity. Ideal for investors ready to restore and revitalize, this property holds great potential for generating future income.

Don't miss the chance to bring this home back to life and make it a valuable asset. 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 1926
  • 0.09 acre lot
  • 2 stories
  • 1 parking spaces

Property Details

2 stories
2 full
1 space
1926

Monthly Cost Estimate

$80/mo

20% down · 6.5% · 30 years

Principal$11
Interest$65
Insurance$4

Estimates only. Actual payments may vary.

Location

4824 CORTLAND Street

Detroit, MI 48204

RUSSELL WOODS (PLATS)

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 4824 CORTLAND Street is listed at $15,000 ($6/sqft). The estimated monthly payment is $65 based on 20% down at 6.5% interest.

Key features include: Built in 1926, 0.09 acre lot, 2 stories, 1 parking spaces.

This property is listed by Erick Monzo and can be reached at (586) 541-4000 or erick@monzogroup.com.

EM

Erick Monzo

Agent at Keller Williams Realty-Great Lakes

(586) 541-4000

Listed by Keller Williams Realty-Great Lakes · View on Broker Site

MLS# 20240079043· Source: listhub· Updated 574 days ago

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4824 CORTLAND Street, Detroit, MI 48204

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