3418-3426 JOHN R Street Pending

Detroit,MI 48201

$ 525000

9 Beds

9 Baths

5550 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 5,550 sqft

Price per Sqft $94

MLS Listing ID 2210086543

Bedrooms 9

Full Baths 6

Half Baths 3

Originating Board Realcomp

Year Built 1903

Annual Tax Amount $9

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 64.00 X 73.00

Property Sub-Type Single Family Residence

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.

Location

State MI

County Wayne

Area Wayne County - 100

Direction Located at the NW corner of John R & Erskine.

Interior

Heating Forced Air

Exterior

View Y/N No

Roof Type Rubber

Garage No

Building

Lot Description Level

Story 2

Structure Type Brick,Stone

Schools

School District Detroit

Others

Tax ID W01I004056S002

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition {"Other":true}

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