Check out these adjacent lots right off of Gratiot. These lots are slated for multi-unit build opportunities presented by The DLBA and are listed as a bundle 14267, 14275, 14283 Fordham (Each lot is 36x103). Must be purchased together. Total listing price is $18,000. 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.
General Information
Sale Price: $18,000
Price/SqFt:
Status: Active
MLS#: rcomi20240040544
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: seymour & troesters montclair hgts no 2 (plats)
Acres: 0.09
Lot Dimensions: 36 x 103
Size:
Acreage: 0.09 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: N FORDHAM 1098 SEYMOUR & TROESTERS MONTCLAIR HEIGHTS SUB NO 2 L40 P74 PLATS, W C R 21/594 36 X 103
