5700 TOWNSEND Street, Detroit City, MI 48213
WM TAITS (PLATS) · Wayne County
Key Facts
Description
6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
CommonEntryBuilding / UpperLowerApartment
Year Built
1912
Living Area
4,112 sq ft
Lot Size
0.08 acres
Lot Dimensions
30.00 x 118.00
Days on Market
485
MLS® Listing#
20240071565
Property Features
Cooling
Heating
Basement
Pool
Construction
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$4,372
Assessed Value
$50,600
Parcel Number
W17I012119S
Directions
NORTH OF GRATIOT / BETWEEN E GRAND BLVD & VAN DYKE
Affordability Calculator
$5,700
Estimated monthly payment
$152/mo
Principal $22,800 · Est. interest $31,808 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $231,784
- Median Listing Price
- 81
- Median Days on Market
- 1,425
- Median Sq Ft
- $146
- Median Price / Sq Ft
- 13,948
- Active Listings
- This home’s price is 88% below the area median.
- Its price per sq ft is 95% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
- 5700 TOWNSEND Street, Detroit City, MI 48213
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
Kettering High School
Secondary · 0.3 mi away
Saint Thomas High School
Secondary · 0.7 mi away
Detroit Prep
Elementary · 0.9 mi away
Blackwell Institute
Secondary · 0.9 mi away
Al Holmes Elementary School
Elementary · 1.0 mi away
Crockett Technical School
School · 1.1 mi away
Jude Family Child Care Center
School · 1.1 mi away
The James and Grace Lee Boggs School
Elementary · 1.3 mi away
Detroit Lions Academy
School · 1.3 mi away
Oakland International Academy-Middle High
School · 1.4 mi away
Nichols Elementary-Middle School
Elementary · 1.4 mi away
Detroit Waldorf School
Elementary · 1.5 mi away
Garvey Academy
School · 1.7 mi away
Detroit Public Schools
School · 1.7 mi away
Hamtramck Public Schools
School · 1.8 mi away
Hanley International Academy
School · 1.8 mi away
Holbrook School
Elementary · 1.9 mi away
Bridge Academy East
School · 1.9 mi away
Howe Elementary School
Elementary · 2.0 mi away
Hutchinson Elementary-Middle School
Elementary · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3465 Wager Street, Detroit City, MI | $25,000 | 10 | 4 | 3,326 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: Bellabay Realty Tri Counties - 2482746614
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.