5700 TOWNSEND ST Detroit MI 48213 MLS #20240071565

5700 TOWNSEND ST
Detroit, MI, 48213
$28,500
Beds
6 Baths
4,112 SqFt
0.08 Acres
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6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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

Price:
$28,500
MLS #:
20240071565
Status:
Active
Beds:
0
Baths:
6
Address:
5700 TOWNSEND ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
WM TAITS PLATS
Neighborhood:
05052 – Det: 6-Mack I75-Conner
City:
Detroit
Listed Date:
Oct 7, 2024
State:
MI
Finished Sq Ft:
4,112
ZIP:
48213
Lot Size:
3,485 sqft / 0.08 acres (approx)
Year Built:
1912
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I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…

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Schools

School District:
Detroit

Interior

Bathrooms
6 Full Bathrooms
Heating
Forced Air, Natural Gas

Exterior

Architectural Style
Common Entry Building, Upper Lower Apartment
Construction Materials
Other

Financial

Taxes
$4,372

Map

Community

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