Great investment opportunity in the Dexter-Linwood area. 4 lots sold together and cannot be separated. Addresses include 2430, 2436, 2422, 2402 Elmhurst. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please 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.
Property Type :
Land
Subdivision :
Robert Oakmans Stonehouse Sub (plats)
County :
Wayne
Style :
Land
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ByOwner last updated this listing 05/16/2024 @ 23:51
MLS: 24000486
LISTED BY: Natasha Talley, BellaBay Realty Tri-Counties
SOURCE: Michigan Regional Information Center (MichRIC)
Buyer Agency Description: The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
