$101,400 Price Analysis 2738 Rosa Parks BlvdDetroit, MI 48216 Unknown bed 0 bath unknown SqFt ($0/SqFt) 5,663SqFt lot. Listed 2023-08-07 | Ⓧ USDA Ineligible due to property near Detroit |
BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT, OWN), HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUN ITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS and JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY.
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 & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS
Presented by GENE KELLEY at
Real Estate One Southfield.
Property MLS #2210098537 from Realcomp
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.