Great investment opportunity right off E. Grand Blvd. and close to Belle Isle, downtown Detroit, entertainment and so much more! DLBA owns one unit in a series of 4 connected row houses. Home is fire damaged. Bring you best offer! 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 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.
Property Type :
Residential
Subdivision :
Mills Sub No 3 (plats)
County :
Wayne
Style :
Residential
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ByOwner last updated this listing 05/07/2024 @ 09:39
MLS: 605410571
LISTED BY: Natasha C Richards , Bellabay Realty Tri Counties
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.
