18088 PELKEY Street Active

Detroit,MI 48205 2712

$ 55000

- 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 60180376

Style Vacant Land

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40.00 x 125.00

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. 7 vacant lots on 2 streets ready for your developing ideas. Included in the sale are the following 18141, 18125 and 18131 Schoenherr and 18096, 18116 and 18100 Pelkey. 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.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Exterior

Waterfront No

Building

Water Public Water at Street

Schools

School District Detroit City School District

Others

Ownership Government Owned

Financing Cash

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