2705 MOUNT ELLIOTT StreetDetroit, MI 48207
$38,404
Listing courtesy of RCH Brokerage Legacy Inc
About
This Home
This property is sold as a bundle of 5 with 2709 ,2715 ,2729, 2735 Mt Elliot, totaling= 19,202 sqft. Not sold separately. Property zoned at R4.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 our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. 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 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. Please see attached documents for DLBA guidelines.
Details
- Property Type
- Land
- Style
- Unimproved Land
- Lot Size
- 0.1 acres
- Garage Spaces
- 0
- Heating
- None
- Cooling
- None
- MLS #
- 20261009740
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of RCH Brokerage Legacy Inc. MLS # 20261009740. Information is deemed reliable but not guaranteed and should be independently verified.
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