Sold in a bundle with 5001 Wabash, 5069 Wabash, and 2125 Putnam totaling 12,223 sqft. All 4 lots sold together for 20k. Not sold separately. Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission
Details
MLS #
20250035570
Listing Type
For Sale
Sub-Type
Resale
Status
Pending
Days On Site
507
Listing Provided By
RCH Brokerage Legacy Inc | Leonard A Pickett III
Features
Zoning
Residential
Acreage
0.03
Water Front
Yes
Interior
Cooling Yes / No
No
Heating Yes / No
No
Parking
Attached Garage Yes / No
No
Taxes
Tax Annual Amount
0
Area Information
State
MI
County
Wayne
City
Detroit
Zip Code
48208
Area
Det Livernois I
Community Name
PLAT OF GODFROY FARM (PLATS)
School District
Detroit
High School
Detroit
Sourced by Back At You
MLS Number: 20250035570
Leonard A Pickett III – (248) 440-2268 – lpickettiii@rchlegacy.com
RCH Brokerage Legacy Inc – (248) 440-2268
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MLS Number: 20250035570
Leonard A Pickett III – (248) 440-2268 – lpickettiii@rchlegacy.com
