Development opportunity in up and coming area with lots of revitalization happening. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing
| MLS # | 60987639 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 173 |
| Listing Provided By | Next Level Realty & Investments | Catina Willis |
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 2,112 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.09 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Basement |
| List Aor | Real Comp |
|---|
| Property | 1 |
|---|
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48238 |
| Area | Detroit (82001) |
| Community Name | Wark Gilbert Security |
| Listing VS Median (in Wark Gilbert Security) | |
Price: $25,000 low | high Med: $180,000 sqft: 2,112 low | high Med: 1,693 $ / sqft: $12 low | high Med: $106 On site: 173 low | high Med: 19 | |
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48238 |
| Area | Detroit (82001) |
| Community Name | Wark Gilbert Security |
| Listing VS Median (in Wark Gilbert Security) | |
Price: $25,000 low | high Med: $180,000 sqft: 2,112 low | high Med: 1,693 $ / sqft: $12 low | high Med: $106 On site: 173 low | high Med: 19 | |