MLS® ID: 219046011

8048 BRUSH

Detroit, Michigan, 48202

$6,956 Active
  • - SQFT
GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT.LOCATED IN A OPPORTUNITY ZONE.BUYER MUST SUBMIT AN APP TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF OR PRE-APP LETTER ON A NEW CONSTRUCTION LOAN.ALL 7 PROPERTIES ARE SOLD FOR $40,000 TOTAL.NOT SOLD SEPARATELY. 408 MARSTON, 414 MARSTON, 8032, 8036, 8042, & 8050 BRUSH ARE INCLUDED IN THIS DEAL.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 THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING .PLEASE SEE ATTACHED DLBA REQUIREMENTS. BATVI
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Listing courtesy of RCH Brokerage Legacy Inc

Amenities

  • Zip
    48202
  • Office name
    RCH Brokerage Legacy Inc
  • SQFT
    0
  • Property type
    Vacant Land
  • Zoning type
    Residential
  • School district
    Detroit
  • Lot size
    0.04
  • Sewer
    Sewer-Sanitary
  • Tax year
    0
  • Agent name
    Leonard A Pickett III
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    < $100k
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    475500145
  • Agent ID
    474006427

Location

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