3146 E Ferry Street
Detroit, MI 48211

  • – beds
  • 2.1 baths
  • 2,551 sqft
  • 5,663 sqft lot
  • $2 per sqft
  • 1909 build
  • on site

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Welcome to the latest offering from the Detroit Land bank Authority. Frame multi-unit property in need of major rehabilitation. Show at your own risk. 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. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review

Realcomp MLS logo Listing courtesy of REALCOMP / Real Estate One-Southfield

Last checked: Checking… • Last updated Apr 24, 2024 •

MLS# 20221044686 —

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Sale history

Date Event Source Price % Change
5/25/23
Sold REALCOMP $6,500
3/8/23
Pending REALCOMP $6,500
9/26/22
Listed / Active REALCOMP $6,500

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Multifamily Sold on 5/25/2023

$6,500

Listing provided by broker:

Real Estate One-Southfield

(248) 723-0055

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IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders

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Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.

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IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.

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