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$18,000
2 Baths ⋅ 20240040544 MLS ⋅ ACTIVE Status
Check out these adjacent lots right off of Gratiot. These lots are slated for multi-unit build opportunities presented by The DLBA and are listed as a bundle 14267, 14275, 14283 Fordham (Each lot is 36x103). Must be purchased together. Total listing price is $18,000. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

14267 Fordham St, Detroit

Courtesy of Bellabay Realty Tri Counties 2482746614
$17,000
20251035824 MLS ⋅ ACTIVE Status
This vacant lot is bundled with 14245 and 14261 Fordham. A total of 3 lots. Not sold separately. Totaling= 11,119 sqft. Zoned R2. 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. 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.

14253 Fordham St, Detroit

Courtesy of RCH Brokerage Legacy Inc 2484402268