Bring Back the Grandeur to E Grand

1057 E Grand Blvd, Detroit, MI 48207

• 4 Bedroom/2.5 Bath
• 3549 Sq Ft.
• 5663 Sq Ft Lot
• Circa 1914
• $35,000

Grand Boulevard Fixer-Upper

Great Opportunity for investors. This brick duplex features R5 zoning and sits in the heart of Detroit’s Gratiot-Grand neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. The purchase terms, 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. The DLBA will determine the payment amount after reviewing the development proforma and the impact of any tax abatements on the financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

FOR MORE INFORMATION AND PHOTOGRAPHS, CLICK THE LINK BELOW

1057 E Grand Blvd, Detroit, MI 48207

Presented By-Leonard Pickett-RCH Brokerage

For more information or to schedule a showing, contact your real estate professional. All information provided is deemed public record. We recommend independent verification of details listed herein. Although OHA are Licensed Realtors®, we are not under a Brokerage in the state of this listing and do not represent this home.

This site is for informational purposes, and not held responsible or liable for its use or accuracy.

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