14267 Fordham Street
Detroit, MI 48205

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Description

Check out these adjacent lots right off of Gratiot. These lots are slated for multi-unit build opportunities presented by The DLBA and are listed as a bundle 14267, 14275, 14283 Fordham (Each lot is 36x103). Must be purchased together. Total listing price is $18,000. 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: Seymour & Troesters Montclair Hgts No 2 (Plats)
• School District: Detroit
• Lot Size: 3920 sq ft lot
• Directions: E. of Gratiot, S. of 7 Mile
• List Price Acre: 200000
• Lot Size Area: 0.09
• Lot Size Square Feet: 3920
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 21019859.
• Road Frontage: 36
• Tax Legal Description: N FORDHAM 1098 SEYMOUR & TROESTERS MONTCLAIR HEIGHTS SUB NO 2 L40 P74 PLATS, W C R 21/594 36 X 103