MLS® ID: 218078514

300 HORTON Street

Detroit, Michigan, 48202

$24,000 Pending
  • - SQFT
Build your dream home or a multi-family development to suit. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. The seller is the Detroit Land Bank Authority. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review request 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.
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Listing courtesy of RCH Brokerage Legacy Inc

Amenities

  • Zip
    48202
  • Office name
    RCH Brokerage Legacy Inc
  • SQFT
    0
  • Property type
    Vacant Land
  • Zoning type
    Residential
  • School district
    Detroit
  • Lot size
    0.14
  • Sewer
    Sewer-Sanitary
  • Tax year
    0
  • Agent name
    Leonard A Pickett III
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    < $100k
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    475500145
  • Agent ID
    474006427

Location

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