Homes for sale - 1547 LAWRENCE Street, Detroit, MI 48206

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Corbin Gearhart

corbin@fullcircleregroup.com +1(517) 282-7166

$ 18,000

Est. payment -/mo

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1547 LAWRENCE Street Detroit, MI 48206

2 Beds

2.5 Baths

2,802 SqFt

UPDATED:

12/24/2024 10:02 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,802 sqft

Price per Sqft $6

Subdivision Lawrence Park (Plats)

MLS Listing ID 20240092851

Style Duplex

Bedrooms 2

Full Baths 2

Half Baths 1

Originating Board Realcomp II Ltd

Year Built 1923

Annual Tax Amount $350

Lot Size 0.580 Acres

Acres 0.58

Lot Dimensions 40.00 x 110.00

Property Description

Embrace the potential of this solid brick multifamily property, nestled in the vibrant Lawrence Park Sub. With two units offering 3 bedrooms and 1 bath each, this property presents an excellent opportunity for investors or owner-occupants seeking to customize and revitalize their investment. This BUNDLE includes 1547 Lawrence, and 2 vacant lots (behind home) 1546 Collingwood and 1532 Collingwood. Please 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 abatement 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 abatement on the purchase and development financing.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction East of Rosa Parks BLVD, South of Lawrence Street

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W06I002948S

Ownership Government Owned,Short Sale - No

Assessment Amount $350

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by Erick Monzo of Keller Williams Realty-Great Lakes

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Corbin Gearhart

+1(517) 282-7166 | corbin@fullcircleregroup.com

Corbin Gearhart

1547 LAWRENCE Street Detroit, MI 48206

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1547 LAWRENCE Street