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For sale
  • $10,000

    8773 Petoskey Ave, Detroit, MI 48204

    8beds
    3,584sqft
    : 
    Multi Family
    Built in 1918
    -- sqft lot
    $-- Zestimate®
    $3/sqft
    $-- HOA

    What's special

    Great opportunity for experienced investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. 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 financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
    970 days
    on Zillow
    |
    2,481
    |
    97
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 11, 2025 at 06:37am

    Listed by:

    Leonard A Pickett III 248-440-2268,

    RCH Brokerage Legacy Inc 248-440-2268,

    Clarence R Wilson 248-440-2268,

    RCH Brokerage Legacy Inc

    Source: Realcomp II,MLS#: 20221067394MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,584 sqft
    • Finished area above ground: 3,584

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 3,920.4 Square Feet
    • Dimensions: 40.00 x 100.00
    Details
    • Parcel number: W14I007114S
    • Zoning description: Residential
    • Special conditions: Government Owned,Short Sale No

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Poured
    Condition
    • New construction: No
    • Year built: 1918

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: LAMBRECHT KELLY & COS GRAND RIVER TERMINAL(PLATS)
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $3/sqft
    • Tax assessed value: $25,010
    • Annual tax amount: $1,251
    • Date on market: 12/15/2022
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
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