Detroit, MI 48238,2626 Tyler Street
Detroit, MI 48238,2626 Tyler Street
Detroit, MI 48238,2626 Tyler Street
55
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$19,900
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4 Beds
4 Baths
3,696 SqFt
New

2626 Tyler Street Detroit, MI 48238

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,696 sqft

Price per Sqft $5

Subdivision Bungalo Grove Sub

MLS Listing ID 20251038948

Style Quadruplex

Bedrooms 4

Full Baths 4

Year Built 1924

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 35X92

Property Sub-Type Quadruplex

Source Realcomp II Ltd

Property Description

4-Unit Investment Opportunity in Dexter-Linwood Neighborhood – Detroit Land Bank Owned

Fantastic opportunity to restore this four-unit property in the Dexter-Linwood neighborhood of Detroit. Each unit features two bedrooms and one bath, making it ideal for a redevelopment project with strong rental potential. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. 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. BATVAI. IDRBNG.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction From Rosa L Park Blvd, go west on Davison St, then south on Lawton St, then west on Tyler St.

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Quadruplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W10I004133S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash


Realcomp MLS
Listed by Erick Monzo of Keller Williams Realty-Great Lakes

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Forest Dorling

Forest Dorling

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2626 Tyler Street