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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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5688 30th St , Detroit, MI 48210
$20,000
Est. Payment: $44.44/mo
3 Bed
1 Bath
1284 Sqft
Status: Active | Days on site: 11
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376211 - 297897
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House Description

**Great investment and redevelopment opportunity!** Welcome to **5688 30th St**, located in Detroit’s **Midwest Community**. This residential property offers excellent potential for investors, rehabbers, or homeowners looking to renovate and create long-term value in an area experiencing continued reinvestment and revitalization.**Sale includes the home at 5688 30th St PLUS two adjacent vacant lots at 5696 30th St and 5700 30th St. All three parcels are included in the sale. Each parcel measures approximately 30x104, providing a combined frontage of approximately 90 feet.** The additional land offers excellent possibilities for expanded yard space, future development, or other uses subject to City of Detroit zoning and approval.All Properties come with clear title.The home offers an excellent opportunity for complete renovation and customization. Conveniently located near schools, parks, shopping, major roadways, freeways, and other neighborhood amenities, with easy access to Downtown Detroit and surrounding communities.Sale is subject to approval by the **Detroit Land Bank Authority (DLBA)** and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal package including intended use, renovation timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Planning and Development Department (PDD). **Property and included lots are sold as-is.** DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This provision may be incompatible with certain tax abatements or lot combinations. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to DLBA review of project financing and development pro forma. **Buyer to verify all information, measurements, zoning, and permitted uses.**

Highlights

Listed by Adam Hage , 313-598-2566 Atlas Properties Inc , 313-598-2566.

Property Type

Residential

Lot/Acreage
0.07

Year Built

1912

County

Wayne

School District

Detroit

Listing ID

20261071511

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Basement:Crawl Space
Water:Public

Exterior Features

Sewer:Public
Principal Interest
$44
Taxes
$96

Home Price

$20,000

Loan Details

30 yrs
%

Down Payment

20%
$4,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$44.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $44.44 $96.25 $0.00 $140.69
Yearly $533.33 $1,155.00 $0.00 $1,688.33
Total $16,000.00 $34,650.00 $0.00 $50,650.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.