$30,000
238 MT VERNON Detroit, MI 48202
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$30,000
Est. payment /mo
8,276 Sqft Lot
Active
238 MT VERNON Detroit, MI 48202
UPDATED:
11/27/2023 08:37 PM
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 40032204
Style Vacant Land
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 75.00X110.00
Property Description
Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 3 with 224 Mt Vernon and 246 Mt Vernon.=Totaling $58,000. Not sold separately. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. BATVAI. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Exterior
Waterfront No
Building
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RCH Brokerage Legacy Inc
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