$9,900
For Sale

6023 COOPER STREET

Detroit, MI 48213
1652 sqft | 4 beds | 1 bath | #20240024495
Browse 25 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Don't miss this great investment opportunity on this up and coming east side neighborhood, close to Gratiot and minutes from Downtown Detroit. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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.

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths1.00
      • Bedrooms4
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Square Feet1652
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1922
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$9,900
  • Other
      • MLS #20240024495

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00