2018 McGraw Street
Detroit, MI 48208

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Description

Get in on the latest offering from the Detroit Land Bank authority located in the Elijah McCoy Subdivision. This is a residential infill opportunity located in a thriving community. 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: 48208
• Subdivision/Neighborhood: Mc Millans Jas Edensor
• School District: Detroit
• Lot Size: 3920 sq ft lot
• Directions: N. McGraw, W. of Rosa Parks Blvd.
• List Price Acre: 72222.22
• 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: 08001516.
• Road Frontage: 64
• Tax Legal Description: N MC GRAW W 63.80 FT 7-8 JAMES MC MILLANS EDENSOR SUB L19 P96 PLATS, W C R 8/102 63.8 X 60