1528 Gray Street, Detroit, MI 48215

• 4 beds |
• 2 baths |
• 1,740 sqft

Property Description

This property is sold in a bundle with 4 vacant lots 1508, 1514, 1522 Gray and 12905 Brooks. Not sold separately. 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. Also include plans for the vacant lots with sketches and financing. Please note that the Detroit Land Bank Authority 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. See attached documents for guidelines and submission instructions. BATVAI

Listing Status:

Active

Date Added:

April 17, 2025 at 05:00AM

Listing Office:

RCH Brokerage Legacy Inc : 248-440-2268

Listing Agent:

Leonard Pickett : 313-510-7887

MLS ID:

60386886

Interior

• Basement: Unfinished
• Heating: Natural GasHot Water

Exterior

• Style: Colonial
• Parking: Parking spaces: 1

Construction

• General: BrickTwoBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E GRAY 157 STERLING PARK SUB L27 P61 PLATSW C R 21/310 30 X 122.24

Utilities

• Water: Public
• Sewer: Public Sanitary

Financial

• Source: MiRealSource

This listing courtesy of Leonard Pickett, RCH Brokerage Legacy Inc