Great investment opportunity right off E. Grand Blvd. and close to Belle Isle, downtown Detroit, entertainment and so much more! DLBA owns one unit in a series of 4 connected row houses. Home is fire damaged. Bring you best offer! 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 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.
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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: Natasha Richards of Bellabay Realty Tri Counties
This listing last updated: Thu, April 18, 2024 at 6:18:44 AM EDT
MIRealSource Listing Data Last Updated On Tuesday, November 5 2024 at 1:15am