Detroit, MI 48202,300 HORTON Street
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$ 24,000
Est. payment | /mo

6,098 Sqft Lot


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$ 24,000
Est. payment | /mo
Save

6,098 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Baggs Sub Pt Of Ol 1

MLS Listing ID 218078514

Originating Board Realcomp II Ltd

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 60.00X100.00

Property Description

Build your dream home or a multi-family development to suit. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. The seller is the Detroit Land Bank Authority. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review request 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.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction TAKE WOODWARD HEADED NORTH PAST E. GRAND BLVD MAKE RIGHT ONTO HORTON

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID W01I001977C8

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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300 HORTON Street