Check out this latest offering from the Detroit Land Bank Authority located at Chicago and Schafer Hwy. This THREE lot bundle is conveniently located in Barton-McFarland neighborhood near expressways making commutes to work or downtown easy. Please note that the DLBA 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 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 abatement on the purchase and development financing. THIS BUNDLE INCLUDES 9585, 9591, AND 9601 IRIS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $.
General Information
Sale Price: $7,000
Price/SqFt:
Status: Active
MLS#: 20240045088
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: robert m. grindleys sub of little farms (plats)
Acres: 0.3
Lot Dimensions: 44 x 294
Size:
Acreage: 0.3 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: W IRIS S 43.87 FT OF E 294.15 FT 58 ROBT M GRINDLEYS SUB OF LITTLE FARMS L27 P97 PLATS, W C R 22/574 43.87 X 294.15
