Description
Welcome to the latest offering from the Detroit Land Bank Authority. 2 unit brick multi unit priced to move. Needs full rehab. Sale also includes 3450 Townsend and 2985 Seyburn. 3 multi-families for one low price. Show with caution, exterior pictures only. 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 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. BUNDLE CANNOT BE SPLIT!
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0BEDS
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0.07ACRES
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2BATHS
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01/2 BATHS
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2,272SQFT
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$9$/SQFT
Description
Welcome to the latest offering from the Detroit Land Bank Authority. 2 unit brick multi unit priced to move. Needs full rehab. Sale also includes 3450 Townsend and 2985 Seyburn. 3 multi-families for one low price. Show with caution, exterior pictures only. 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 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. BUNDLE CANNOT BE SPLIT!
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Data last updated: 2022-08-07T17:50:52.733.