Detroit, MI 48224
MLS# 20261033405
Development opportunity! Close to East English Village and Grosse Pointe. Room sizes are estimates. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.
Listed by Catina Willis · Next Level Realty & Investments
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$71/mo
$2,800 down · $11,200 financed
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