9585 Iris Street
Detroit, MI 48227

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Description

Check out this latest offering from the Detroit Land Bank Authority located at Chicago and Schafer Hwy. This THREE lot bundle is conveniently located in Barton-McFarland neighborhood near expressways making commutes to work or downtown easy. Please note that the 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 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. THIS BUNDLE INCLUDES 9585, 9591, AND 9601 IRIS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48227
• Subdivision/Neighborhood: Robert M. Grindleys Sub Of Little Farms (Plats)
• School District: Detroit
• Lot Size: 13068 sq ft lot
• Directions: North of Chicago Road, East of Schafer Hwy
• List Price Acre: 23333.33
• Lot Size Area: 0.3
• Lot Size Square Feet: 13068
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 22022015.001
• Road Frontage: 44
• Tax Legal Description: W IRIS S 43.87 FT OF E 294.15 FT 58 ROBT M GRINDLEYS SUB OF LITTLE FARMS L27 P97 PLATS, W C R 22/574 43.87 X 294.15