Check out this latest offering from the Detroit Land Bank Authority located at Grand River and I-94. This SIX lot bundle is conveniently located in Woodbridge 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 5202 STANTON, 5210 STANTON, 5218 STANTON, 5224 STANTON, 5232 STANTON AND 5240 STANTON AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $34,000.
General Information
Sale Price: $34,000
Price/SqFt:
Status: Active
MLS#: rcomi20240043860
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: stantons sub pt of pc 47 3 n of grand river
Acres: 0.12
Lot Dimensions: 54.00 x 100.00
Size:
Acreage: 0.12 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $42 Est. Winter Taxes: $5
Legal Description: W STANTON S 18 FT OF E 100 FT OF 863 E 100 FT OF 862STANTONS SUB L16 P26 PLATS, WCR 10/47 54 X 100
