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 #
60349390
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
669
Listing Provided By
RCH Brokerage Legacy Inc | Leonard Pickett
Features
Zoning
Residential
Acreage
0.20
Water Front
Yes
Other
List Aor
Real Comp
Area Information
State
MI
County
Wayne
City
Detroit
Zip Code
48202
Area
Detroit (82001)
Community Name
Smiths Sub
Sourced by Back At You
MLS Number: 60349390
Leonard Pickett – (313) 510-7887 – lpickettiii@rchlegacy.com
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MiRealSource MLS.
MLS Number: 60349390
Leonard Pickett – (313) 510-7887 – lpickettiii@rchlegacy.com
