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$6,500
Est. payment /mo
3,920 Sqft Lot
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240071561
Originating Board Realcomp
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 64 x 60
Property Description
Get in on the latest offering from the Detroit Land Bank authority located in the Elijah McCoy Subdivision. This is a residential infill opportunity located in a thriving community. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction N. McGraw, W. of Rosa Parks Blvd.
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 08001516.
Acceptable Financing Cash
Listing Terms Cash
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Listed by Bellabay Realty Tri Counties
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Crystal Hallack
Team Leader | License ID: 6501381439
Team Leader License ID: 6501381439