18088 PELKEY Street Active

Detroit,MI 48205

$ 55000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Trombley Pk

MLS Listing ID 20221069880

Lot Size 4,791 Sqft

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. 7 vacant lots on 2 streets ready for your developing ideas. Included in the sale are the following 18141, 18125 and 18131 Schoenherr and 18096, 18116 and 18100 Pelkey. 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.

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Zoning Residential

Building

Sewer Sewer at Street

Water Water at Street

Schools

School District Detroit

Others

Acceptable Financing Cash,Quit Claims Deed

Listing Terms Cash,Quit Claims Deed

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