Welcome to the latest offering from the Detroit Land Bank Authority. 3 bedroom brick colonial in a quiet neighborhood. Property needs full rehab. Be careful when showing. 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
Property Type :
Residential
Subdivision :
East Detroit Development Cos No 1 (plats)
County :
Wayne
Style :
Residential
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ByOwner last updated this listing 05/06/2024 @ 06:39
MLS: 558394028
LISTED BY: Gene Kelley II , Real Estate One-Southfield
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: $1000
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
