$45,000 for Sale
7169 holmes street, detroit, MI 48210
| Beds 3 | Baths 1 | 1,026 Sqft | 0.07 Acres |
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Property Description
This 3-bed, 1-bath property, located in Claytown, is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA 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.
General Information
Sale Price: $45,000
Price/SqFt: $44
Status: Active
MLS#: rcomi20251038896
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: william l holmes & frank a vernors sub
Acres: 0.07
Lot Dimensions: 30X103
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,026 sq.ft.
Acreage: 0.07 est.
Year Built: 1923
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Wood
Exterior: Wood
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: S HOLMES 202 WM L HOLMES & FRANK A VERNORS SUB L16 P73 PLATS, W C R 18/366 30 X 103
IDX provided courtesy of Realcomp II Ltd. via Remerica United Realty and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: (586) 541-4000
