1454 24th Street
Detroit, MI 48216

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Description

Great residential infill opportunity offered by the Detroit Landbank Authority located in the heart of it all in Mexicantown. Within walking distance to restaurants, parks and entertainment. 2 lots to be sold together, 1454 & 1446 24th St., cannot be sold separately. 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.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48216
• Subdivision/Neighborhood: Plat Of Pt Of Porter Farm Pcs 20&21 (Deeds)
• School District: Detroit
• Lot Size: 3920 sq ft lot
• Directions: S. of Vernor, W. of I-75
• List Price Acre: 222222.22
• 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: W12I008541S
• Road Frontage: 30
• Tax Legal Description: E 24TH S 30 FT OF E 135 FT OF W 140 FT OF S 1/2 46 FARM OF GOV PORTER L13 P78 DEEDS, W C R 12/6 30 X 135