5104 STEADMAN Street Dearborn, MI 48126

This 2200 sf, brick colonial, City of Dearborn owned property is being sold AS IS. Home is currently a non-conforming multi family unit. It MUST be turned back into a single family home. Estimated rehab to bring to code & convert back to SFH is $130000. & $5000 to remediate asbestos. It is currently 5 bedrooms and 2 baths. It could easily have 3 more bedrooms after removing Kitchen, LR & DR upstairs. Disclosures and city inspection reports available in Docs. Agents must have their potential buyers sign a waiver of liability and email/text to agent before showing home. See docs in Realcomp for deed restrictions and info. Buyer must obtain compliance agreement from the city. All permit work required must be done by licensed contractors and be completed within one year. Investors can purchase and re-sell to owner occupant. Does not need to to the SAME owner-occupant for 10 years. CANNOT BE A RENTAL PROPERTY FOR 10 YEARS. BATVAI Offers submitted by 6/28/21. Give 3 weeks for decision.