1547 LAWRENCE Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,802 sqft
Price per Sqft $6
Subdivision Lawrence Park (Plats)
MLS Listing ID 20240092851
Style Duplex
Bedrooms 2
Full Baths 2
Half Baths 1
Originating Board Realcomp II Ltd
Year Built 1923
Annual Tax Amount $350
Lot Size 0.580 Acres
Acres 0.58
Lot Dimensions 40.00 x 110.00
Property Description
Embrace the potential of this solid brick multifamily property, nestled in the vibrant Lawrence Park Sub. With two units offering 3 bedrooms and 1 bath each, this property presents an excellent opportunity for investors or owner-occupants seeking to customize and revitalize their investment. This BUNDLE includes 1547 Lawrence, and 2 vacant lots (behind home) 1546 Collingwood and 1532 Collingwood. Please note that the 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 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.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Direction East of Rosa Parks BLVD, South of Lawrence Street
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W06I002948S
Ownership Government Owned,Short Sale - No
Assessment Amount $350
Acceptable Financing Cash
Listing Terms Cash
Financing Cash