Pending

5045 Cadieux Road
Detroit, MI 48224

$30,000

Bedrooms
3
Bathrooms
1
Finished sq ft
1,100
Lot
0.11 acres
Year built
1944
Property type
Single Family Residence
County
Wayne
MLS #
20261006557

About this home

What an opportunity to restore this 3 bedroom, brick bungalow, with a basement - right on the line of East English Village/Cornerstone Village! Detroit Land Bank Owned. 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. BATVAI. IDRBNG.