Looking to buy property? Here is a great opportunity located in the beautiful North End neighborhood in Detroit. The buyer must include plans for rehabbing the home. The seller is the Detroit Land Bank Authority. 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 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements. BATVAI
Redevelopment Opportunity of this 2 story corner unit townhouse in popular North End neighborhood. This sale does not include the adjacent units, nor the adjacent vacant parcels. The interior stairs are not safe to walk on. All offers must be supported by Proof of Funds for both the Purchase Price,...
MLS ID 219097214
Courtesy of: RCH Brokerage Legacy Inc
Office Phone: (248) 440-2268
Listing Agent: Leonard A Pickett III
Updated: 27th January, 2020 1:03 AM.
9118 BRUSH Street Detroit, MI