***RARE RESTORATION AND REDEVELOPMENT OPPORTUNITY*** This stately 2,584 sq. ft. brick Colonial Revival home, built in 1920, offers exceptional potential to restore a timeless architectural treasure while creating significant value. Featuring a spacious floor plan, original brick exterior, basement, and classic period details, this property is ready for its next chapter. Located in one of Detroit's fastest-growing east side neighborhoods, just minutes from West Village, Indian Village, Downtown Detroit, Belle Isle, and the Detroit Riverwalk. Walk to exciting restaurants, coffee shops, neighborhood markets, and enjoy the area's ongoing revitalization and investment. Outstanding opportunity for investors, developers, builders, or experienced rehabbers seeking a premier value-add project with multiple exit strategies. Property is being sold as-is. Buyer to verify all information. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.
Listed By
Agency Name: Next Level Realty & Investments
Agency Phone: 7345060076
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 229.59 per month $162.22 Principal & Interest $58.92 Property Tax $8.46 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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4246 Maxwell Street | MLS# 20261060173
This single family home located at 4246 Maxwell Street , Detroit, Mi 48214 is currently listed for sale with an asking price of $29,000. This property was built in 1920 and has 3 bedrooms and 2 full and 1 partial baths with 2584 sq. ft. Maxwell Street is located in the C O O K F A R M P C S 27 153 155 180 B E T W M A C K F O R E S T subdivision within the Detroit school district. Search C O O K F A R M P C S 27 153 155 180 B E T W M A C K F O R E S T real estate on www.ikeyrealty.com today.