Description
GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT. THIS LOT SOLD IN BUNDLE WITH 2139 VERNOR AND 2147 VERNOR= $41,400. NOT SOLD SEPARATELY. 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.
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Listing Agent: Leonard Pickett Courtesy of: RCH Brokerage Legacy Inc Source MLS MiRealSource. Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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permission from MiRealSource, Inc. Updated: 16th August, 2022 12:08 PM (UTC)
