Detroit, MI 48236,314 MOUNT VERNON Avenue
Detroit, MI 48236,314 MOUNT VERNON Avenue
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$ 13,500
Est. payment | /mo

3,484 Sqft Lot


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$ 13,500
Est. payment | /mo
Save

3,484 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Lothrop Estate Co Mt Vernon Sub

MLS Listing ID 20221031973

Originating Board Realcomp II Ltd

Annual Tax Amount $3,513

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 50.00 x 105.00

Property Description

This property is within walking distance to the Q-Line and New Center Area. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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. Please see attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Grosse Pointe Farms

Zoning Residential

Direction TAKE WOODWARD HEADED SOUTH MAKE

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Sewer at Street

Water Public (Municipal)

Schools

School District Grosse Pointe

Others

Tax ID 38010070022000

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Realcomp MLS
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc

GET MORE INFORMATION

JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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314 MOUNT VERNON Avenue