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      • MI
      Wayne
      Detroit
      48202
      408 MARSTON
      408 MARSTON, Detroit, MI 48202
      Listing Type
      Lots/Land
      Listing Status
      active
      2
      $5,218

      Home Details for 408 MARSTON

      Price
      $5,218
      Type
      Land
      Bedrooms
      0
      Bathrooms
      0.0
      Square feet
      NaN
      Lot size acres
      0.03
      County
      Wayne
      Garage
      Days on site
      1814
      MLS Listing#
      2200012946
      Listing courtesy: RCH Brokerage Legacy Inc - 248-440-2268
      Property Description

      Great opportunity for infill housing development. Located in a Opportunity Zone. 414 Marston, 8032,8036, 8042, 8048, & 8050 Brush. Totaling = 13,739 sqft. All 7 properties are sold for $40k. Not sold separately. 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
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      Market statistics compiled from data from Michigan Regional Information Center.
      EXIT UNITED REALTY PROFESSIONALS
      611 W. Nine Mile Rd, Ferndale, MI 48220
      Office
      248 677 3220
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