Check out this latest offering from the Detroit Land Bank Authority located in Mexicantown This lot is conveniently located near expressways making commutes to work or downtown easy. Please 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.
General Information
Sale Price: $15,000
Price/SqFt:
Status: Active
MLS#: rcomi20240043873
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: catherine b hubbards (plats)
Acres: 0.23
Lot Dimensions: 60.00 x 168.00
Size:
Acreage: 0.23 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $36 Est. Winter Taxes: $4
Legal Description: W 24TH 10 CATHERINE B HUBBARDS SUB L4 P16 PLATS, W C R 12/24 60 X 168
