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$20,000
Est. payment /mo
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250037198
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30.00 x 135.00
Source Realcomp
Property Description
Great residential infill opportunity offered by the Detroit Landbank Authority located in the heart of it all in Mexicantown. Within walking distance to restaurants, parks and entertainment. 2 lots to be sold together, 1454 & 1446 24th St., cannot be sold separately. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction S. of Vernor, W. of I-75
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID W12I008541S
Acceptable Financing Cash
Listing Terms Cash
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Listed by Bellabay Realty Tri Counties