2700 Mount Elliott Street
Detroit, MI 48207

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Description

This property is sold with 2708 Mt. Elliot totaling= 14,427 sqft. Not sold separately. Property zoned at R4. Buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-Approval letter, or new construction loan. Projects will require approval of the Design Review from the city of Detroit. 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. BATVAI. Please see attached documents for DLBA guidelines and submission instructions.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48207
• Subdivision/Neighborhood: Renos Sub (Plats)
• School District: Detroit
• Lot Size: 9583 sq ft lot
• Directions: Take E Vernor headed east pass Gratiot. Make a left onto Mount Elliott
• List Price Acre: 113636.36
• Lot Size Area: 0.22
• Lot Size Square Feet: 9583
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 15013959.
• Road Frontage: 60
• Tax Legal Description: E MT ELLIOTT 41&42 RENOS SUB L20 P37 PLATS, W C R 15/136 60 X 160