Condo Active Under Contract near Detroit River

Brick Condo Opportunity in the Islandview Neighborhood - Detroit Land Bank Owned
Fantastic opportunity to restore this Brick Condo in the Islandview neighborhood of Detroit.
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.

Property Details

  • Beds: 2
  • Baths: 2.0
  • Sq Feet: 1302
  • Year Built: 1910
  • Location: Detroit River
  • County: Wayne County
  • Community: Wayne County Condo Plan 5 St Paul Place
  • Heat/AC: Forced Air, Natural Gas
  • Siding: Brick
  • Roof:
  • Stories: 2
  • Property Taxes: $9,083
  • MLS #: 20251039226

Location

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Contact Information:

Contact Agent
Listing Agent: Erick Monzo, SCS Great Lakes INC, 586-210-3350, 586-541-4000 Listing Site, Listing Status: Active Under Contract
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Condo Active Under Contract in Detroit, Michigan
Ad Number : 7404728
Viewed: 3 times
Added: Jan 13, 2026
Updated on: Jan 13, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.