$54,500

5034 Vermont Street , Detroit, MI 48208

 
Bedrooms:0 beds
Bathrooms:0 baths
Land:0 sqft
Lot:0.09
Year Built:--
Listing Status:Active

Listing Agent

Natasha C Richards
http://www.TheNRichTeam.com
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 great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x130. 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 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.

Detailed Items

Other Information

5034 Vermont Street, Detroit, MI, 48208 is a land listing of 0 sqft on a lot of 0.09. This land listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property5034 Vermont Street, Detroit, MI
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