Description
This is a package listing 498,490,502,508 516 Concord - both properties must be sold together $40,000. Excellent opportunity to develop in a growing Detroit neighborhood. Vacant residential parcel with easy access to Midtown, Corktown, downtown Detroit, major employers, and neighborhood amenities. Located in an area experiencing continued residential investment and revitalization Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: 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 abatements 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.
Details
| MLS # | 20261058693 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 93 |
| Listing Provided By | Keller Williams Realty-Great Lakes | Erick Monzo |
Features
| Zoning | Multi-Family,Residential |
|---|---|
| Acreage | 0.07 |
| Water Front | Yes |
Interior
| Cooling Yes / No | No |
|---|---|
| Heating Yes / No | No |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48207 |
| Area | Det Woodward Mcclellan So Mack |
| Community Name | WALKER & COOPERS |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in WALKER & COOPERS) | |
Price: $40,000 low | high Med: $0 On site: 93 low | high Med: | |
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48207 |
| Area | Det Woodward Mcclellan So Mack |
| Community Name | WALKER & COOPERS |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in WALKER & COOPERS) | |
Price: $40,000 low | high Med: $0 On site: 93 low | high Med: | |
