5
See all 5 photos
$58,000
Est. payment /mo
0.39 Acres Lot
Active
650 GLADSTONE Street Detroit, MI 48202
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20221061802
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 120 x 142
Source Realcomp
Property Description
Great property for infill building located in Detroit's Piety Hill neighborhood.This property is within walking distance to the Q-Line and New Center Area. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. BATVIA. Please 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. Please see attached documents for DLBA requirements and offer submission information. proforma and effect of any tax abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction TAKE WOODWARD HEADED SOUTH PASS CHICAGO MAKE RIGHT ONTO GLADSTONE
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 04002288.
Acceptable Financing Cash
Listing Terms Cash
Listed by RCH Brokerage Legacy Inc