$20,000 Price Analysis    ♡   Detroit, MI 48208 Unknown bed 0 bath unknown SqFt ($0/SqFt) 5,227SqFt lot. Listed 2024-01-22 | Ⓧ USDA Ineligible due to property near Detroit |
Great opportunity for infill housing development.
Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and 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 prperty.
The tax capture may be incompatible wit h 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
Presented by LEONARD PICKETT at
Rch Brokerage Legacy Inc.
Property MLS #20240002508 from Realcomp
Road Frontage Type: Paved
Lot Size Dimensions: 51 x 101
Lot Size Square Feet: 5227
Map directions Map directions Map directionsSource Listing Status: Active
County: Wayne
Directions: TAKE WARREN HEADED EAAST PAST GRAND RIVER. MAKE LEFT ONTO WABASH. PROPERTY ON LEFT SIDE AT THE CORNER OF PUTNAM
Source Property Type: Vacant Land
Area: Det: Livernois-I75 6-Gd River
Source Neighborhood: PLAT OF GODFROY FARM (PLATS)
Ownership Type: Government Owned, Short Sale - No
Parcel Number: 10004659.
Subdivision: PLAT OF GODFROY FARM (PLATS)
Zoning: Residential
Source System Name: C2C
$20,000
Realcomp
Water Source: Public (Municipal)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.