MLS Public Remarks Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
http://www.www.johnstoneandjohnstone.com.com/20221067394
Township Detroit
Directions TAKE GRAND RIVER AVE HEADED SOUTH MAKE A LEFT TURN ONTO MACKINAC THAN MAKE A RIGHT ONTO PETOSKEY
Fin Below Grd SqFt 0
Total Fin SqFt 3,584
Price/SqFt $3
Unfinished SqFt 0
Above Grade Finished SqFt 3,584
CDOM 514
Sub Property Type Multifamily
Year Built 1918
Days on Market 514
Land Assessment -
Improvements $10000
Acreage 0.09
Taxes -
Tax Year -
Summer Taxes -
School District Detroit
Winter Taxes -
Subdivision Lambrecht Kelly & Cos Grand River Terminal(plats)
Lower Level Square Footage 0
Waterview N
Number of Units 4
Waterfront N
For Lease/Rent N
Est. Total Acres 0.09
Lot Dimensions 40.00 x 100.00
WaterFrontage
0
Heating Forced Air, Natural Gas
Water Public (Municipal)
Basement Y
Heating Forced Air, Natural Gas
Garage 0.0
Architecture 2 Story
Basement details Unfinished
Sewer Public Sewer (Sewer-Sanitary)
Home Style Colonial
Possession At Close
Exterior Materials Brick
Status Change Date 12/15/2022
Listing Date 12/13/2022
Internet/IDX Y
Co-Listing Agent Name Clarence Wilson
Named Exceptions Y
Listing Office
Rch Brokerage Legacy Inc
Office Address
21411 Civic Center Dr Ste 2200
Listing Number
20221067394
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