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$ 70,000
Est. payment /mo
Active
3318 Clairmount Street Detroit, MI 48206
2 Baths
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251039215
Year Built 1922
Annual Tax Amount $27
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 34X100
Source Realcomp
Property Description
Fantastic Investment Opportunity – Jamison Neighborhood, Detroit This rare bundle of four multi-family properties in Detroit's Jamison neighborhood is now available, offering excellent redevelopment potential with strong rental prospects. Included in the sale are: 3307 Clairmount, 3349 Clairmount, 3298 Clairmount, and 3318 Clairmount. Each property is configured as a 2-unit structure, with each unit featuring 2 bedrooms and 1 full bath. Combined, this package represents a substantial opportunity for an investor or developer to restore and reposition multiple income-generating assets within a growing rental market. Application Requirements: Interested buyers must submit a complete proposal package that includes: 1. Project Proposal – Outline intended use of the structure and provide a renovation timeline. 2. Proof of Funds – Current bank statement or lender pre-approval letter. 3. Scope of Work – Detailed breakdown of renovation costs and improvements. 4. Proof of Previous Projects – Provide addresses and photos of completed work to demonstrate experience. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction From Joy Road, Go South On Dexter, Then East Clairmount
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I002624S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Keller Williams Realty-Great Lakes
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