18911 prevost street, detroit, MI 48235

Welcome to the latest offering from the Detroit Land Bank Authority. 3 bedroom brick bungalow, in need of extensive rehab. Home is located in an up and coming neighborhood ready for growth. Please show with caution 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Gene Kelley of Real Estate One-Southfield

This listing last updated: Tue, June 25, 2024 at 4:43:12 PM EDT

MIRealSource Listing Data Last Updated On Tuesday, July 30 2024 at 9:00pm