$800,000 Price Analysis 250 Eliot StDetroit, MI 48201 12 bed 18 bath 7,823 SqFt ($102/SqFt) 6,970SqFt lot. Built 1923 Listed 2024-05-15, Taxes $5,916 | Ⓧ USDA Ineligible due to price & location near Detroit |
250 Elot offers an exceptional re-development opportunity. The existing duplex is positioned to be converted into a multi unit complex consisting of six two bedroom units with the potential for a roof top terrace providing spectacular views of the city.
The property also has clean alley access allowing the construction of a five car garage with an additional apartment above. The property is located in a NEZ rehabilitation zone providing significant property tax savings if approved. Filing for the NEZ has been initiated. The building has been gutted to the studs. Proceed with extreme caution when touring the property. BATVAI
Presented by LISA VIRKUS at
Edge Realty, Llc.
Property MLS #20240032545 from Realcomp
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $433,900 | $5,916 |
2021 | $unknown + $unknown $350,100 | $5,723 |
2020 | $unknown + $unknown $342,700 | $6,250 |
2019 | $unknown + $unknown $336,100 | $5,616 |
2018 | $unknown + $unknown $94,400 | $5,364 |
2017 | $unknown + $unknown $81,400 | $5,331 |
2016 | $unknown + $unknown $80,200 | $5,357 |
2015 | $unknown + $unknown $72,900 | $5,284 |
2014 | $unknown + $unknown $66,301 | $5,183 |
2013 | $unknown + $unknown $66,301 | $5,376 |
2012 | $unknown + $unknown $66,301 | $5,955 |
2011 | $unknown + $unknown $67,834 | $6,314 |
2010 | $unknown + $unknown $71,404 | $4,655 |
2009 | $unknown + $unknown $71,404 | $4,585 |
2008 | $unknown + $unknown $71,404 | $4,185 |
2007 | $unknown + $unknown $71,404 | $4,711 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.