Leonard Pickett
This listing was posted on RealtyWW.
$24,000
Plot For Sale In Detroit, Michigan
Price:
$24,000
Location:
2363 Elmhurst St, Detroit, MI
Description:
Two property deal. Sold with 2373 Elmhurst. Both lots total 16, 401 sqft. Property zoned as R3. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.For more details: https://realtyww.info/land-lots_detroit-d523358/for-sale_i71581316
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More About this Listing: Plot For Sale In Detroit, Michigan
Plot For Sale In Detroit, Michigan is a Land for Sale at 2363 Elmhurst St in Detroit MI. Find other listings like Plot For Sale In Detroit, Michigan and listings near 2363 Elmhurst St by searching Oodle Classifieds for Land for Sale in Detroit MI.
Plot For Sale In Detroit, Michigan is a Land for Sale at 2363 Elmhurst St in Detroit MI. Find other listings like Plot For Sale In Detroit, Michigan and listings near 2363 Elmhurst St by searching Oodle Classifieds for Land for Sale in Detroit MI.