2802-12 HARRISON Pending

Detroit,MI 48216

$ 75000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Plat Of Pc 27 Lognon Farm (Plats)

MLS Listing ID 219033854

Lot Size 9,147 Sqft

Property Description

Vacant Lots - Mixed Use/Multi Family New Build Opportunity. Development proposal must include at least 3 housing units and must include a development plan that includes scope of development (number of units and total square footage), development cost estimates, proof of funds, and architectural drawings or precedent architecture images. Only complete proposals will be considered. 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 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.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Residential

Building

Lot Description Corner Lot

Sewer Sewer at Street

Water Water at Street

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

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