18088 Pelkey Street
Detroit, MI 48205

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Description

Welcome to the latest offering from the Detroit Land Bank Authority. 7 vacant lots on 2 streets ready for your developing ideas. Included in the sale are the following 18141, 18125 and 18131 Schoenherr and 18096, 18116 and 18100 Pelkey. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48205
• Subdivision/Neighborhood: Trombley Pk
• School District: Detroit
• Lot Size: 4792 sq ft lot
• Directions: gratiot south to Linnhurst go west to Pelkey go South
• List Price Acre: 500000
• Lot Size Area: 0.11
• Lot Size Square Feet: 4792
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: W21I029888S
• Tax Legal Description: E PELKEY N 20 FT 20 S 20 FT 19 TROMBLEY PARK SUB L40 P93 PLATS, W C R 21/631 40 X 124.50