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Foreclosure: 5543 Joy Road
Detroit, MI 48204

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Property Details


List Price: $12,000
Beds: --
Baths: 2
Status: Active
SqFt: 2156
Agency: Bellabay Realty Tri-Counties

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Description/Comments


Lot Size: --
Property Type: MultiFamily
Year Built: 1923
Notes: 3 Income Properties for the Price of 1!! Subject address is included as part of a 3 property bundle sale totaling $36,000. Addresses include<br /> 5523, 5543 and 5563 Joy Rd. Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $12,000 per<br /> property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled<br /> to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax<br /> abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax<br /> capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the<br /> development proforma and effect of any tax abatements on the purchase and development financing.
MlsNumber: 2210010708


Listing Provided By: Bellabay Realty Tri-Counties, original listing
Name: Bellabay Realty Tri-Counties
Phone: (248) 274-6614
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Agent Name: Natasha C Richards
Disclaimer: Copyright © 2022 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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