$3,999 for Sale
18572 binder street, detroit, MI 48234
Property Description
Vacant brick building offered by the Detroit Land bank Authority. Needs full reno. Located in the Conant Gardens neighborhood. 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.
General Information
Sale Price: $3,999
Price/SqFt: $2
Status: Active
MLS#: 20230040781
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.28
Lot Dimensions: 90.00 x 133.00
Size: 2,500 sq.ft.
Acreage: 0.28 est.
Year Built: 9999
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Est. Winter Taxes: $0
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd., ©2024 Realcomp II Ltd. Shareholders Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: (586) 541-4000
