9585 iris, detroit, MI 48227

Check out this latest offering from the Detroit Land Bank Authority located at Chicago and Schafer Hwy. This THREE lot bundle is conveniently located in Barton-McFarland neighborhood near expressways making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 9585, 9591, AND 9601 IRIS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $.

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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: Erick Monzo of Keller Williams Realty-Great Lakes

This listing last updated: Wed, July 17, 2024 at 4:53:13 PM EDT

MIRealSource Listing Data Last Updated On Tuesday, July 30 2024 at 5:45pm