Great property for infill building. Sold with 2 vacant lots (1414 Lansing and 4612 Porter). 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 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 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. Please see attached documents for DLBA requirements and offer submission information.
Property Details
Price:
$25,000
MLS #:
2210010609
Status:
Active
Beds:
0
Baths:
0
Address:
1408 LANSING
Type:
Land
Subtype:
Unimproved Land
Subdivision:
WAGNER BROS SUB PLATS
Neighborhood:
05101 – Det South Of Grand River
City:
Detroit
Listed Date:
Feb 17, 2021
State:
MI
ZIP:
48209
Lot Size:
5,663 sqft / 0.13 acres (approx)
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Exterior
Financial
Map
Community
- Address1408 LANSING Detroit MI
- SubdivisionWAGNER BROS SUB (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48209
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