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Real Estate Only - Detroit, MI

Calling all investors to update this 13 unit brick apartment building. No interior access. Included in the deal is the vacant land across the street (2747 Montgomery). The lot is to be used for parking or green space for future tenants of this building. Buyer needs to eliminate exterior blight within 180 days of purchase. Compliance for eliminating exterior blight is windows, doors installed, holes in exterior & roof fixed, exterior lighting, register property as vacant with BSEED. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Note that the DLBA 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 othe...

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Source:First Street

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Source: ListHub, MLS# 20251012652
Listing status: Active
Listing last updated: January 16, 2026 at 4:40 PM
Listing last checked: January 16, 2026 at 4:30 PM
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