$30,000 for Sale
3385 williams street, detroit, MI 48208
Beds 2 | Baths 1 | 566 Sqft | 0.07 Acres |
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Property Description
This two bedroom two bedroom one bath bungalow presents an opportunity to invest in the developing area minutes away from downtown Detroit, just west of Corktown. This single family home is conveniently located close to highways, restaurants and shopping. The sparkling lights of the newly renovated Train Station are visible from front yard. It has been cleaned out to the studs and needs full rehab. Perfect for either an investor seeking a buy and hold opportunity or a homeowner with rehab skills. Is co-owned with the city of Detroit Land Bank and will require buyer to agree to their terms. Seller will guide you through the process. 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. Please show with caution (indemnification waiver?). Seller will consider land contract offers with a minimum of $10K down with a two year balloon at 8% for $35K. Buyer must sign a hold harmless agreement to view the property. See docs.
General Information
Sale Price: $30,000
Price/SqFt: $53
Status: Active
MLS#: rcomi20250025708
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: j w johnstons sub (plats)
Acres: 0.07
Lot Dimensions: 33.00 x 90.00
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 566 sq.ft.
Acreage: 0.07 est.
Year Built: 1900
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Wood
Exterior: Wood
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Hot Water
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $669
Est. Winter Taxes: $80
Legal Description: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2027. W WILLIAMS S 33 FT 116 J W JOHNSTONS SUB L1 P225 PLATS, W C R 12/43 33 X 90A

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Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: (586) 541-4000