REQUEST A TOUR
$ 6,500
Est. payment | /mo
5,662 Sqft Lot
$ 6,500
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60234648
Style Vacant Land
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 56 x 100
Property Sub-Type Vacant Land
Property Description
Here's your chance to invest in the City of Detroit! Check out the latest offering from the Detroit Land Bank. This spacious lot is located right next to the freeway off Harper. This bundle includes 7215 Harper, 7219 Harper, and 7223 Harper which must be purchased together. Total listing price is $12,500. 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.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Building
Water Public Water at Street
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty-Great Lakes