$12,500 for Sale
5776 lakeview street, detroit, MI 48213
| Beds 3 | Baths 1 | 1,299 Sqft | 0.09 Acres |
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Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. This 3 bedroom brick colonial is being offered in the historic Chandler Park community. This home needs a full rehab but once complete will make a very good investment. Be advised that this home also includes vacant lots located at 5782 and 5790 Lakeview for an additional 8000 sqft. of buildable space. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
General Information
Sale Price: $12,500
Price/SqFt: $10
Status: Active
MLS#: rcomi20261002353
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: plat of alfred f steiners park sub
Acres: 0.09
Lot Dimensions: 40X101.5
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,299 sq.ft.
Acreage: 0.09 est.
Year Built: 1927
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: 2 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick
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: $1,350
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: E LAKEVIEW 180 PLAT OF ALFRED F STEINERS PARK SUB L40 P61 PLATS, W C R 21/630 40 X 101.5
IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Heritage Real Estate and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders
Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055
