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Coldwell Banker Town & Country Real Estate
Schedule an obligation free tour to see this propertyKey Details
Property Type: Vacant Land
Listing Status: Pending
Purchase Type: For Sale
Lot Size: 3,484 Sqft
MLS Listing ID: 2200016557
Financing: Cash
Subdivision: Kochs Sub (Plats)
Short Sale: No
Originating MLS: Realcomp II Ltd
Property Description
Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 4 with 249 Mt Vernon, 259 Mt Vernon, and 253 Mt. Vernon =Totaling $48,000. Not sold separately.This lot is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020.
©2021 Realcomp II Ltd. Shareholders
Listing provided by RCH Brokerage Legacy Inc
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