Description
.Welcome to the latest 8 parcel bundle offering from the Detroit Land Bank Authority Located in the McDougall Hunt neighborhood. 3-bedroom frame bungalow and 7 vacant lots 4165, 4178, 4179, 4184, 4185, 4189 Joseph Campau and 2910 E Willis. Structure needs full rehab. Lots are for land-based projects (see attachments). Be careful when showing, bring a flashlight. 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
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3BEDS
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0.07ACRES
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1BATHS
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11/2 BATHS
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1,835SQFT
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$11$/SQFT
Description
.Welcome to the latest 8 parcel bundle offering from the Detroit Land Bank Authority Located in the McDougall Hunt neighborhood. 3-bedroom frame bungalow and 7 vacant lots 4165, 4178, 4179, 4184, 4185, 4189 Joseph Campau and 2910 E Willis. Structure needs full rehab. Lots are for land-based projects (see attachments). Be careful when showing, bring a flashlight. 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
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Data last updated: 2023-06-09T23:50:20.797.