Listed By:
RCH Brokerage Legacy Inc - 2484402268
Address
2903 Montgomery Street, Detroit, MI
Price
$ 7,500
Property Attributes
  • ID#20251012652
  • TypeCommercial
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet Livernois I756 Gd River
  • NeighborhoodMONTCLAIR LAND CO LTD SUB
  • Zip48206
  • StyleRealEstateOnly
  • Year Built1920
  • Price$ 7,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11392
  • Lot Size0.11 Acres
Data Source:
RealComp
Property Description

Calling all investors to update this 13 unit brick apartment building. No interior access. Included in the deal is the vacant land across the street (2747 Montgomery).The lot is to be used for parking or green space for future tenants of this building. Buyer needs to eliminate exterior blight within 180 days of purchase. Compliance for eliminating exterior blight is windows, doors installed, holes in exterior & roof fixed, exterior lighting, register property as vacant with BSEED. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Note that the DLBA 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 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. BATVAI Please see attached docs.

Price History
7/3/2025 Listed $7,500

General Features

Sewer PublicSewer
Heating NaturalGas, Steam
Possession AtClose
Roof Rubber
Garage Spaces 0.0
Construction Materials Brick
Year Built 1920
Levels Three
Property Subtype RealEstateOnly
Current Use MultiFamily
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction No
Property Type CommercialSale
HOA No
Attached Garage No
Subdivision Name MONTCLAIR LAND CO LTD SUB (PLATS)
Garage Y/N No
Status Active
Directions TAKE DEXTER SOUTH PASS JOY RD MAKE LEFT ONTO MONTGOMERY
City DetroitCity_Wayne
Disclosures NoEncroachment
Senior Community Y/N No
High School District Detroit
Zoning Description MultiFamily
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 0.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Vacant
Expected Active Date 2025-07-02
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description S MONTGOMERY 234 MONTCLAIR LAND CO LTD SUB L28 P18 PLATS, W C R 12/101 46.53 X 106.65

Interior Features

Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 11392.0
WaterHeaterFuel NaturalGas
Above Grade Finished Area Unit Type SquareFeet

Exterior Features

Water Source Public
Foundation Details Basement, BrickMortar
Spa No
Lot Dimensions 46.50X106.70
Lot Size Acres 0.11
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via REMAX Leading Edge and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of September 22, 2026 4:14 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Commercial Average in 48206

Price
AVG $680K
$10K
Year Built
AVG 1942
1920
Visits
AVG 182
419
Data Provided by Inside Real Estate®