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1522 GRAY Street, Detroit, MI 48215

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For Sale

$6,000

0.08 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

Explore this Property

This property is sold in a bundle with 4 vacant lots 1528, 1514, 1508 Gray and 12905 Brooks totaling 20,128 sqft. Not sold separately. All lots sold together for 30k. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. Also include plans for the vacant lots with sketches and financing. 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 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 payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for guidelines and submission instructions. BATVAI
MLS# 20250036698

Courtesy Of RCH Brokerage Legacy, Inc.
25900 W 11 Mile, Southfield, MI 48034
(248) 440-2268

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.08 Acres

Map and Directions

Directions to 1522 GRAY Street, Detroit, MI 48215
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Home seller CENTURY 21 Riverpointe

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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