MI
Wayne
Detroit City
48208
5069 WABASH Street
5069 WABASH Street, Detroit City, MI 48208
Share Listing
Listing Type
Lots/Land
Listing Status
active
5
$4,000

Home Details for 5069 WABASH Street

Price
$4,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.12
County
Wayne
Garage
Days on site
42
MLS Listing#
20240002508
Property Description

Sold in a bundle with 5001 Wabash, 2119 Putnam, and 2125 Putnam totaling 12,223 sqft. All 4 lots sold together for 20k. Not sold separately. Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission

Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
  • Water Features
    • Public
Listing Courtesy: RCH Brokerage Legacy Inc - 248-440-2268
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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