2133 E VERNOR Active

Detroit,MI 48207

$ 41400

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60064448

Style Vacant Land

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 33.00X88.00

Property Description

Great opportunity for infill housing development. Great opportunity for infill housing development. This lot is bundled with 2139 Vernor and 2147 Venor= $41,400. Not sold separately. 3 lots total = 9,306 sqft. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission Not sold separately. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Commercial

Exterior

Waterfront No

Building

Water Public Water

Schools

School District Detroit City School District

Others

Ownership Government Owned

Financing Cash

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