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8690 Faust Ave

Detroit, MI 48228
  • $5,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 2210095269
New On Site 5 Days Ago
UPDATED: 30 min ago
$5,000
  • 2
    BEDS
  • 0.1
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 684
    SQFT
  • $7
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1943
County:

School Ratings & Info

School District:

Description

PROPERTY IS SOLD AS A BUNDLE OF 5 WITH 8608 GREENVIEW, 8664 BRACE, 8665 FAUST, AND 8682 FAUST (VACANT LOT)=$20,000.NOT SOLD SEPARATELY. A COMPLETE RESTORATION IS NEEDED. THE BUYER MUST INCLUDE PLANS FOR REHABBING THE HOME. 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 ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.PLEASE FOLLOW THE ATTACHED DLBA PROPOSAL GUIDELINES. BATVAI

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©2021 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2021-11-29T09:46:10.49.
www.sellsmi.com/homes/123511663
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8690 Faust Ave Detroit, MI 48228

  • Price: $5,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 30 min ago
  • MLS #: 2210095269
2
Beds
1
Baths
0
½ Baths
0.1
Acres
684
SQFT
$7
$/SQFT
1943
Built
Neighborhood:
Mondale Park Sub (Plats)
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
PROPERTY IS SOLD AS A BUNDLE OF 5 WITH 8608 GREENVIEW, 8664 BRACE, 8665 FAUST, AND 8682 FAUST (VACANT LOT)=$20,000.NOT SOLD SEPARATELY. A COMPLETE RESTORATION IS NEEDED. THE BUYER MUST INCLUDE PLANS FOR REHABBING THE HOME. 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 ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.PLEASE FOLLOW THE ATTACHED DLBA PROPOSAL GUIDELINES. BATVAI
Exterior Features

Exterior Construction Wood Foundation Type Basement Frontage 35 Lot Size 35.00X139.00 Roads Paved Street Structure Style 1 Story Styles Ranch Waterfront YN No

Interior Features

Basement YN Yes Below Grade Sq Ft 672 Fireplace YN No Fuel Type Natural Gas Heating System Forced Air Total Rooms 5 Water Heater Gas

Property Features

Assessments YN No Association Fee YN No Financial Terms Cash For Sale Or Rent For Sale Lease YN No Manufactured YN No Municipality Detroit Municipality Type City Occupancy Days Close Of Escrow Ownership Government Owned Principal Res Exempt YN No SEV 0 Sewer Septic Public Sanitary Site Condo YN No Subject To Short Sale Approval No Summer Tax Amount 0 Total Tax Amount 0 Water Public Water Winter Tax Amount 0

Listing courtesy of Rch Brokerage Legacy Inc.

Source MLS: MiRealSource
Originating MLS: Realcomp

Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2021 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2021-11-29T09:46:10.49.
 
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