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     This listing courtesy of RCH BROKERAGE LEGACY INC Phone: (248) 440-2268
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Property Details for Listing # 219018413
 
 
 
 
Price: $13,800
282 SMITH
Detroit, MI 48202
County: Wayne
Type: Vacant Land
School District: Detroit
 
 
 
 
 
 
 
 
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Build your dream home or a multi-family development to suit. This property is located in a Qualified Opportunity Zone. The seller is the Detroit Land Bank A uthority. 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 A uthority 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

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Vacant Land - REO/Bank Owned
Listing Status:Active
Originating MLS:Realcomp II Ltd
Subdivision:WM Y HAMLIN & S J BROWNS (PLATS)
Acres:0.08
Water Source:Municipal Water
Sewer:Sewer-sanitary
 
 
 
 
SCHOOLS:
 
 
 
 
School District:Detroit
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$13,800
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Provided through IDX through Realcomp II LTD.

 

Courtesy of Rch Brokerage Legacy Inc

 

Originating MLS:  Realcomp II Ltd

 

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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor RCH BROKERAGE LEGACY INC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

     This listing courtesy of RCH BROKERAGE LEGACY INC Phone: (248) 440-2268
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