4613 Meldrum Street, Detroit, Michigan

$4,250

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2

Baths

2,378

Square feet

0.07

Acres

About 4613 Meldrum Street

Welcome to the latest offering from the Detroit Land Bank Authority. Brick 2 family flat in need of a total rehab. This property also includes the adjacent lots at 4603 Meldrum and 4619 Meldrum. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review. 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 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

Features of 4613 Meldrum Street

MLS® # 40257456
Price $4,250
Bathrooms 2.00
Full Baths 2
Square Footage 2,378
Acres 0.07
Year Built 1912
Type Multifamily
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 4613 Meldrum Street
Area Detroit
Subdivision Peter Fischers (plats)
City Detroit
County Wayne
State Michigan
Zip Code 48207 1774

Amenities

Parking On Street
Is Waterfront No
Has Pool No

Interior

Heating Radiant
Fireplace No
Structure Style 2 Story

Exterior

Foundation Basement

School Information

District Detroit City School District

Additional Information

Zoning Multi-Family
Foreclosure Yes
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Estate One-Southfield

Listing Map

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