Description
3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5761, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. 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
Similar Listings
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing Agent: Natasha Richards Courtesy of: Bellabay Realty Tri Counties Listing information provided courtesy of the Ann Arbor Area Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 29th May, 2022 1:43 AM (UTC)
