New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 9 lots are included in the sale, 4420, 4426, 4432, 4438, 4444, 4450, 4456, 4462 25th. Sale contingent on buyer/seller executed development agreement. 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 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.
- Price:
- $10,000
- Acreage:
- 0.07
- Listing ID #:
- 2210010562
- Street Address:
- 4414 25th St
- City:
- Detroit
- State:
- Michigan
- Postal Code:
- 48208
- County:
- Wayne
- Community:
- Det South Of Grand River
- Subdivision:
- Grosfield & Schultes Sub Of Lots 528 & 529
- Listing Status:
- Active
- Listing Type:
- Vacant Land
School District: Detroit
- Conforms To Zoning:
- Multi-Family, Residential
- Road Frontage:
- 30
- Road Frontage Type:
- Paved
- Days On Market:
- 835
- Financing Options:
- Cash
- For Sale Or Lease?:
- Sale
- Summer Tax:
- 0.0000
- Winter Tax:
- 0.0000
- Existing Water:
- Public (municipal)
- Sewage Type:
- Public Sewer (sewer-Sanitary)
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
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IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2023 Realcomp II Ltd. Shareholders
