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$7,000
3
beds
3
baths
1,322
square ft

8825 3rd Street
Detroit, Michigan 48202

Closed / MLS #20230018288 / Multiple Unit (2-4) / Detroit
Listing information updated 11/3/2023 at 11:45am
Midtown investment opportunity waiting on you! 3 Properties for the Price of 1. Addresses include 8821 & 8829 3rd. Property needs a full rehab top to bottom, but don't let that scare you away as the right investor will certainly turn a profit! Close to major freeways, downtown, universities & hospitals. Sale contingent on buyer/seller executed development agreement. Estimated cost of renovation is $277,000. 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.
Full FeaturesTaxes & AssessmentsLocationSchools
Architecture Style:
Colonial
Basement:
Unfinished
Beds Above Grade:
3
Heating System:
Forced Air, Natural Gas
Pool:
No
Age:
112 Years
Water Front:
No
Square Feet:
1,322
Lot Size:
0.03 acres
Acreage:
0.03

Listing Office: Bellabay Realty Tri Counties

Listing Office Phone: 248.274.6614

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2025 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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Map of 8825 3rd Street, Detroit, MI 48202

8825 3rd Street is a multiple unit (2-4) which sold for $7,000. 8825 3rd Street features 3 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties REMI Christie's International Real Estate since March 15th, 2023 and was built in 1911.

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