$21,500
For Sale

7375 BRACE STREET

Detroit, MI 48228
711 sqft | 3 beds | 1 bath | 0.10 acres | #20250027161
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to the latest offering from the Detroit Land Bank authority. Nice cozy bungalow on a very deep lot located in the warrendale area. Home needs a total rehab. Sale includes 4 nice sized buildable lots suitable for development. The addresses are 7353, 7361,7369, 7381 brace. 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

  • Property Details
      • SubdivisionWARRENDALE NO 1 (PLATS)
      • Property SubtypeSingleFamilyResidence
      • Sewer InformationPublicSewer
      • MLS #20250027161
      • Parcel NumberW22I081250S
      • MLS #20250027161
      • FoundationCrawlSpace
      • Parking FeaturesNoGarage
      • Property TypePurchase
      • School DistrictDetroit
      • Original List Price$21,500
      • Parking TypeGarage
      • Utility SourcePublic
      • CountyWayne
      • Cost21500
      • Year Built1924
      • Taxes Annual$646
      • Acres0.1
      • Square Feet711
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Stories1
      • Days on Market (Cumulative)6

Location

Joseph DarwishRe/Max Platinum
OR

Interested in Purchasing 7375 BRACE STREET?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00