3715 Roosevelt Street, Detroit, MI 48208

Property Description

Built in 1900, this 860 sq ft single-family frame home features a highly functional footprint, offering an ideal blank canvas to execute your custom vision. Tucked away on a 3,000+ sq ft lot in Detroit’s Chadsey Condon neighborhood, this property is primed for a total transformation. Enjoy convenient access to major thoroughfares, local schools, and the ongoing revitalizations spanning Southwest Detroit and Core City. Purchaser to comply with all Detroit Land Bank Authority requirements. Sold as-is. Located in an area experiencing continued residential investment and revitalization Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: 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 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.