1408 LANSING StDetroit, MI 48209
$20,000
Listing courtesy of RCH Brokerage Legacy Inc
About
This Home
Great property for infill building. Sold with 2 vacant lots (1414 Lansing and 4612 Porter). Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 request 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 requirements and offer submission information.
Details
- Property Type
- Land
- Style
- Unimproved Land
- Lot Size
- 0.13 acres
- Heating
- None
- Cooling
- None
- MLS #
- 2210010609
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of RCH Brokerage Legacy Inc. MLS # 2210010609. Information is deemed reliable but not guaranteed and should be independently verified.
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