877 Manistique Street
Detroit, MI 48215

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Description

Great property for infill building located in the Jefferson Chalmers NEZ site. Bundled with 871 and 883 Manistique. The 3 lots total= 10,355 sqft. Buyer must submit an app to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. This property is within walking distance to the Q-Line and New Center Area. 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. Please see attached documents for DLBA requirements and offer submission information.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48215
• School District: Detroit
• Lot Size: 3485 sq ft lot
• Directions: TAKE JEFFERSON HEADED EAST PASS CONNER. MAKE RIGHT ONTO MANISTIQUE. LOTS LOCATED ON THE LEFT.
• List Price Acre: 250000
• Lot Size Area: 0.08
• Lot Size Square Feet: 3484.8
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 21061717.
• Road Frontage: 30
• Street Type: Paved
• Tax Legal Description: W MANISTIQUE 716 FOX CREEK SUB L25 P73 PLATS, W C R 21/295 30 X 115.21A