Thank you
Leonard A Pickett Iii
RCH Brokerage Legacy Inc
248-440-2268
Build your dream home or a multi-family development to suit. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. The seller is the Detroit Land Bank Authority. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review request 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.
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Sewer: Sewer-Sanitary
Municipal Water
Lot Size: 0.14
Lot Dimensions: 60.00X100.00
Frontage Feet: 60
Subdivision: BAGGS SUB PT OF OL 1
Financing: Cash
Original List Price: $30,000
Possession: At Close
Legal Description: S HORTON 33 32 BAGGS SUB L8 P57 PLATS, W C R 1/101 60 X 100
Annual Tax: $0
Parcel Number: W01I001977C8
At Close
Legal Description: Section: S HORTON 33 32 BAGGS SUB L8 P57 PLATS, W C R 1/101 60 X 100
Road Frontage: Paved
School District: Detroit
Water:Municipal Water
Sewer:Sewer-Sanitary
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
430 E Philadelphia , Detroit, MI,48202 | $35,000 | -- | -- | -- | 0.12 Acre |
205 Melbourne , Detroit, MI,48202 | $80,000 | -- | -- | -- | 0.16 Acre |
267 Harmon , Detroit, MI,48202 | $12,000 | -- | -- | -- | 0.08 Acre |
9118 Brush Street , Detroit, MI,48202 | $5,000 | 2 | 1 | 1,206 | 0.02 Acre |
226 Hendrie Street , Detroit, MI,48202 | $499,500 | 7 | 3.5 | 3,756 | 0.16 Acre |
408 Horton Street , Detroit, MI,48202 | $159,000 | 6 | 3 | 2,614 | 0.07 Acre |
30 E Philadelphia Street , Detroit, MI,48202 | $3,375,000 | 32 | 44 | 6,620 | 0.24 Acre |
690 W Philadelphia Stre.., Detroit, MI,48202 | $34,000 | -- | -- | -- | 0.2 Acre |
650 Gladstone Street , Detroit, MI,48202 | $68,000 | -- | -- | -- | 0.39 Acre |
759 Atkinson Street , Detroit, MI,48202 | $44,900 | -- | -- | -- | 0.16 Acre |
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 05/13/2024 @ 09:11
MLS: 367037031
LISTED BY: Leonard A Pickett III , RCH Brokerage Legacy Inc
SOURCE: Realcomp II Ltd
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.