$80,000 for Sale
7250 saint paul street, detroit, MI 48214
| Beds 2 | Baths 2 | 1,302 Sqft |
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Property Description
Brick Condo Opportunity in the Islandview Neighborhood – Detroit Land Bank Owned Fantastic opportunity to restore this Brick Condo in the Islandview neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
General Information
Sale Price: $80,000
Price/SqFt: $61
Status: Active
MLS#: rcomi20251039228
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: wayne county condo plan 905 st paul place
Bedrooms:2
Bathrooms:2 (1 full, 1 half)
House Size: 1,302 sq.ft.
Acreage:
Year Built: 1910
Property Type: Condo
Style: Townhouse
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $8,116
Est. Winter Taxes: $967
Govt Ownership: HUD
Legal Description: UNIT 4 ; WAYNE COUNTY CONDO PLAN NO 905, " ST. PAUL PLACE CONDOMINIUM " REC L44428 P73-120 DEEDS, WCR 15/290 16.67%
IDX provided courtesy of Realcomp II Ltd. via Remerica United Realty and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: (586) 541-4000
