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$30,000
Est. payment /mo
871 Sqft Lot
UPDATED:
12/06/2024 07:18 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20221049454
Originating Board Realcomp
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 20.00X60.00
Property Description
Great opportunity for infill housing development. 8265, 8271 Brush and 323, 327, 331 Mt Vernon are included. All 6 properties are sold for $30,000. Totaling= 6,628 sqft. Not sold separately. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & 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 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
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction TAKE E GRAND BLVD HEADED EAST PASS WOODWARD MAKE LEFT ONTO BRUSH
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W01I003876S010
Acceptable Financing Cash
Listing Terms Cash
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Listed by RCH Brokerage Legacy Inc
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