Great property for infill building located in Detroit’s Piety Hill neighborhood. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity Henry Ford Hospital.Buyer must submit a proposal 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. 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 information.
Details
MLS #
20240080318
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
669
Listing Provided By
RCH Brokerage Legacy Inc | Leonard A Pickett III
Features
Zoning
Residential
Acreage
0.20
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
48202
Area
Det Livernois I
Community Name
SMITHS SUB
School District
Detroit
High School
Detroit
Sourced by Back At You
MLS Number: 20240080318
Leonard A Pickett III – (248) 440-2268 – lpickettiii@rchlegacy.com
RCH Brokerage Legacy Inc – (248) 440-2268
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MLS Number: 20240080318
Leonard A Pickett III – (248) 440-2268 – lpickettiii@rchlegacy.com
