Detroit, MI 48208,4414 25TH Street
Detroit, MI 48208,4414 25TH Street
Detroit, MI 48208,4414 25TH Street
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$10,000
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3,049 Sqft Lot
Pending

4414 25TH Street Detroit, MI 48208

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UPDATED:

06/21/2024 03:32 PM

Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60301167

Style Vacant Land

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30.00X100.00

Property Description

New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 9 lots are included in the sale, 4420, 4426, 4432, 4438, 4444, 4450, 4456, 4462 25th. Sale contingent on buyer/seller executed development agreement. 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.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family,Residential

Exterior

Waterfront No

Building

Water Public Water

Schools

School District Detroit City School District

Others

Ownership Government Owned

Financing Cash


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Bellabay Realty Tri Counties

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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4414 25TH Street