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4274 Cortland Street, Detroit, MI 48204

$55,000
  • 4274 Cortland Street, Detroit, MI 48204 Main Photo

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Active
BEDS0 BATHS2 full SQUARE FEET2,324 MLS#20251038941
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRussell Woods SCHOOLDetroit

Property Description

This brick duplex offers over 2,300 square feet of living space with two spacious 2-bedroom, 1-bath units. The property is vacant and ready for renovation. Located near Broadstreet Ave and Cortland St, with easy access to Davison, Livernois, and Grand River, this property sits in the sought-after Russell Woods neighborhood known for its classic architecture and strong community presence. Zoned for residential use, this property offers strong potential for redevelopment or a new residential project. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

4274 Cortland Street | MLS# 20251038941

This multi-family property located at 4274 Cortland Street, Detroit, MI 48204 is currently listed for sale with an asking price of $55,000. Cortland Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Duplex
Lot Size: 0.09 Acres
Year Built: 1924

Feature Descriptions

Architecture: Duplex
Days on Site: 205
Exterior: Brick
Foundation: Basement
Lot Dimensions: 0.09 Acre(s)
Road Frontage: Paved
Summer Tax: $1081.0000
Winter Tax: $79.0900

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty-Great Lakes
Agency Phone: (586) 541-4000

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 323.70 per month $307.65 Principal & Interest $0.00 Property Tax (data not provided by mls) $16.04 Homeowner's Insurance

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