2187 Concord AveDetroit, MI 48207

For Sale
$5,000

Charming 2-story, 1913 building, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This charming 2-story apartment building, constructed in 1913, presents a unique investment opportunity in Detroit, Michigan. Situated on a 0.11-acre lot at 2187 Concord Ave, in Wayne County, zip code 48207, this single-building property is zoned residential. The asking price is $5,000. Potential buyers should be aware that the Detroit Land Bank Authority (DLBA) retains tax capture rights for five years post-sale. This tax capture may conflict with other available tax abatements. The DLBA will consider waivers of these rights, potentially requiring a payment in lieu of taxes, determined by a review of the development plan and the impact of any tax abatement on financing. The property is sold "as is," where is. Further details regarding DLBA guidelines and offer submission are available in accompanying documentation.

Highlights

  • Asking Price: $5,000
  • Property Type: Multifamily Apartment Building, built in 1913
  • Building Features: 1 building, 2 stories
  • Zoning: Residential
  • Lot Size: 0.11 acres

Property Details for 2187 Concord Ave

Property type
Multifamily properties, Apartment buildings
Year Built
1913
Buildings
1
Stories
2
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.355629967973
Longitude
-83.011401262304
2187 Concord Ave, Detroit, Michigan

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2187 Concord Ave
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