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Detroit, MI, 48202 • New Center Commons • Wayne County
0.02 acLot
KOCHS SUB (PLATS)
New Center Commons
This home is getting attention
Listed 50 days ago · 18 views
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18 views
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50 days on market
Established listing
This home ranks in the top 38% of listings most likely to go under contract soon, based on market activity and demand signals.
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Lot
Great opportunity for infill housing development. 8265, 8271 Brush and 323, 327, 331 Mt Vernon are included. All 6 properties are sold for $30,000. Totaling= 6,628 sqft. Not sold separately. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission
Based on current rates
Est. 6.75% rate · 30yr fixed · $24,000 loan
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2 schools rated nearby
Detroit, MI, 48202
13 events
7 years of records
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Detroit, MI • Wayne County
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