Great property for infill building located in Detroit's bustling North End neighborhood. Zoned R3. Buyer must submit an app to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. This property is within walking distance to the Q-Line and New Center Area. 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 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. Please see attached documents for DLBA requirements and offer submission information. BATVAI
Details
MLS #
60399228
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
508
Listing Provided By
RCH Brokerage Legacy Inc | Leonard Pickett
Features
Zoning
Residential
Acreage
0.09
Other
List Aor
Real Comp
Area Information
State
MI
County
Wayne
City
Detroit
Zip Code
48202
Area
Detroit (82001)
Community Name
Haighs Sub L13 P29
Sourced by Back At You
MLS Number: 60399228
Leonard Pickett – (313) 510-7887 – lpickettiii@rchlegacy.com
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MLS Number: 60399228
Leonard Pickett – (313) 510-7887 – lpickettiii@rchlegacy.com
