1528 GRAY StreetDetroit, MI 48215

About

This Home

This property is sold in a bundle with 4 vacant lots 1508, 1514, 1522 Gray and 12905 Brooks. Not sold separately. Property needs full rehab. All lots sold together for 30k. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. Also include plans for the vacant lots with sketches and financing. 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 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. See attached documents for guidelines and submission instructions. BATVAI

Details

Property Type

Residential

Style

Single Family Residence

Year Built

1916

Lot Size

0.08 acres

Garage Spaces

1

Heating

Hot Water, Natural Gas

Cooling

None

Basement

Unfinished

MLS #

20261057030

Gallery