Thank you
Leonard A Pickett Iii
RCH Brokerage Legacy Inc
248-440-2268
Great property for infill building located in Detroit’s Piety Hill neighborhood. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity Henry Ford Hospital.Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on 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 information.
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Sewer: Public Sewer (Sewer-Sanitary)
Public (Municipal)
Lot Size: 0.20
Lot Dimensions: 70 x 122
Frontage Feet: 70
Subdivision: SMITHS SUB
Financing: Cash
Original List Price: $34,000
Possession: At Close
Legal Description: N PHILADELPHIA E 10 FT 42 41-40 SMITHS SUB L11 P19 PLATS, W C R 4/83 70 X 122
Parcel Number: W04I002067S
At Close
Legal Description: Section: N PHILADELPHIA E 10 FT 42 41-40 SMITHS SUB L11 P19 PLATS, W C R 4/83 70 X 122
Road Frontage: Paved
School District: Detroit
Water:Public (Municipal)
Sewer:Public Sewer (Sewer-Sanitary)
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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 05/09/2024 @ 06:17
MLS: 560421569
LISTED BY: Leonard A Pickett III , RCH Brokerage Legacy Inc
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.