$525,000 Pending

3418-3426 john r street, detroit, MI 48201

Beds 9

Baths 9

5,550 Sqft

0.10 Acres

1 of 20

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Property Description

Amazing BRUSH PARK Residential Development Opportunity in the heart of Detroit. One of a kind opportunity to be neighbors with some of the most monumental redevelopments in Detroits resurgence, such as Little Caesars Arena, Wayne State University Mike Illitch School of Business, Detroit Medical Center, and many more. The Detroit Land Bank Authority is seeking a developer for a prime development site comprised of a vacant shell to be transformed into apartment or condo use under the current R5 Zoning - Minimum Density Residential District. The site contains 3 adjacent structures: 3418, 3422 and 3426 John R Street. Detailed proposals are not limited to site plans, Proof of Funds for both the acquisition and construction costs, as well as developer experience. The Development Proposal Guidelines and offer instructions are attached to listing. Seller Purchase and Development Agreement to be provided upon acceptance of qualifying offer. All proposals are due November 14, 2021.

General Information

Sale Price: $525,000

Price/SqFt: $95

Est. Payments: $3,447*

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Status: Pending

MLS#: 2210086543

City: detroit

Post Office: detroit

Schools: detroit

County: Wayne

Subdivision: erskine terrace

Acres: 0.1

Lot Dimensions: 64.00 X 73.00

Bedrooms:9

Bathrooms:9 (6 full, 3 half)

House Size: 5,550 sq.ft.

Acreage: 0.1 est.

Year Built: 1903

Property Type: Single Family

Style: Townhouse

Features & Room Sizes

Paved Road: Paved,Pub. Sidewalk
Garage: No Garage
Construction: Brick,Stone
Exterior: Brick, Stone

Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street

Tax, Fees & Legal

Home warranty: No
Est. Summer Taxes: $8
Est. Winter Taxes: $1
Govt Ownership: HUD

HOA fees: 0
Legal Description: E JOHN R 3 ERSKINE TERRACE L73 P87 PLATS, W C R 1/216 23.40 IRREG E JOHN R 2 ERSKINE TERRACE L73 P87 PLATS, W C R 1/216 23.22 IRREG E JOHN R 1 ERSKINE TERRACE L73 P87 PLATS, W C R 1/216 17.67 IRREG

Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: James Bufalino of Premier Property Services LLC, Phone: (313) 822-9000

810-691-0281 Call Kevin Berry for more information about this property.

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Listings Presented by:

Kevin Berry

Call:

810-691-0281

Office:

810-733-3435

This Single-Family Home located at

3418-3426 john r street, detroit MI, 48201

is currently pending. This property is listed for $525,000.

For Sale | $525,000 | 9 Bed, 9 Bath | 5,550 Sq Ft MLS ID rcomi2210086543

3418-3426 john r street has 9 bedrooms, approximately 5,550 square feet. This home is in the detroit school district and has a lot size of 64.00 X 73.00 with 0.1 acres and was built in 1903. 3418-3426 john r street is in detroit and in ZIP Code 48201 area.
If you have any question about this property or any others, please don't hesitate to contact me.