20511 CALDWELL ST Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48234
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Kolowich Park (Plats)
MLS Listing ID 20230082132
Property Sub-Type ImprovedLand
Property Description
Check out this latest offering from the Detroit Land Bank Authority located at 8 Mile and Mound. This FIVE lot bundle is conveniently located near the Chrysler Assembly Plant and expressway making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 20511 CALDWELL, 20505 CALDWELL, 20500 BUFFALO, 20512 BUFFALO, AND 20522 BUFFALO AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $5,400.
Location
State MI
County Wayne
Area Area05051Det68Dequindretoconner
Exterior
View Y/N No
Building
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo