Description
GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT. THIS LOT SOLD IN BUNDLE WITH 2139 VERNOR AND 2147 VERNOR= $41,400. NOT SOLD SEPARATELY. 3 LOTS TOTAL= 9,306 SQFT. A BUYER MUST SUBMIT A PROPOSAL TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF, PRE-APP LETTER ,OR A NEW CONSTRUCTION LOAN OF THE PROPERTY. PROJECTS WILL REQUIRE APPROVAL OF THE DESIGN REVIEW FROM THE CITY OF DETROIT. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING. BATVI. PLEASE SEE ATTACHED DOCUMENTS FOR DLBA REQUIREMENTS. PROPSALS SHOULD BE SUBMITTED THROUGH GOOGLE DOC APPLICATION. USE THE LINK ON THE ATTACHMENTS.
-
0BEDS
-
0.07ACRES
-
0BATHS
-
01/2 BATHS
Description
GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT. THIS LOT SOLD IN BUNDLE WITH 2139 VERNOR AND 2147 VERNOR= $41,400. NOT SOLD SEPARATELY. 3 LOTS TOTAL= 9,306 SQFT. A BUYER MUST SUBMIT A PROPOSAL TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF, PRE-APP LETTER ,OR A NEW CONSTRUCTION LOAN OF THE PROPERTY. PROJECTS WILL REQUIRE APPROVAL OF THE DESIGN REVIEW FROM THE CITY OF DETROIT. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING. BATVI. PLEASE SEE ATTACHED DOCUMENTS FOR DLBA REQUIREMENTS. PROPSALS SHOULD BE SUBMITTED THROUGH GOOGLE DOC APPLICATION. USE THE LINK ON THE ATTACHMENTS.
IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-10-02T14:02:44.15.
IDX provided courtesy of Realcomp II Ltd., via Rch Brokerage Legacy Inc: (248) 440-2268 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.