$58,300

4257 Mount Elliott Street , Detroit, MI 48207

 
Bedrooms:0 beds
Bathrooms:0 baths
Land:0 sqft
Lot:0.07
Year Built:--
Listing Status:Active

Listing Agent

Leonard A Pickett Iii
http://www.rchbrokerage.net
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

This property is sold as a bundle of 8 with 4253, 4233, 4239 , 4245,4265 Mt Elliot, totaling= 23,749 sqft and 3730, 3722 E Canfield totaling=5401 sqft. Not sold separately. Property zoned R3. Great for experienced investors. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. 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 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. BATVAI. Please see attached documents for DLBA guidelines.

Detailed Items

Other Information

4257 Mount Elliott Street, Detroit, MI, 48207 is a land listing of 0 sqft on a lot of 0.07. This land listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property4257 Mount Elliott Street, Detroit, MI
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