$30,000 for Sale
15394 freeland street,
detroit,
MI
48227
| Beds 3 | Baths 1 | 1,203 Sqft | 0.09 Acres |
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Property Description
Great investment opportunity! Welcome to 15394 Freeland St, a solid brick 3-bedroom, 1-bath bungalow located in Detroit's Bethune Community. This property offers excellent potential for both homeowners and investors seeking value and long-term upside in a stable residential neighborhood. The home features a traditional layout with spacious living areas, ample natural light, and well-sized bedrooms. The brick exterior provides durability and classic curb appeal, while the interior offers a strong foundation ready for renovation and customization. Situated on a residential block with a mix of occupied homes and ongoing improvements, the area continues to show steady demand and revitalization. Conveniently located near schools, parks, shopping, and major roadways, with easy access to Downtown Detroit and surrounding areas. 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 to DLBA, including intended use and 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) for additional neighborhood context. 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. Property sold as-is. Buyer to verify all information. Ideal opportunity for investors, rehabbers, or owner-occupants looking to renovate and add value in Detroit's Bethune Community.
General Information
Sale Price: $30,000
Price/SqFt: $25
Status: Active
MLS#: 60982760
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: university park
Acres: 0.09
Lot Dimen: 40X110
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,203 sq.ft.
Acreage: 0.09 est.
Year Built: 1937
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1: 12x12
Bedroom 2: 12x10
Bedroom 3: 12x12
Bedroom 4:
Family Room:
Greatroom:
Dining Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: 1
Garage Description: Detached Garage
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation: Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,565
Est. Winter Taxes: $0
HOA fees:
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Listing By: Adam Hage of Atlas Properties Inc, Phone: 313-598-2566
