14253 Fordham Street
Detroit, MI 48205

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Description

This vacant lot is bundled with 14245 and 14261 Fordham. A total of 3 lots. Not sold separately. Totaling= 11,119 sqft. Zoned R2. Buyer must submit a proposal 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. 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. 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: 48205
• School District: Detroit
• Lot Size: 3920 sq ft lot
• Directions: TAKE 7 MILE HEADED EAST PASS GRATIOT. MAKE RIGHT ONTO CHALMERS. THEN A RIGHT ONTO FORDHAM.
• List Price Acre: 188888.89
• Lot Size Area: 0.09
• Lot Size Square Feet: 3920.4
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 21019857.
• Road Frontage: 36
• Street Type: Paved
• Tax Legal Description: N FORDHAM 1100 SEYMOUR & TROESTERS MONTCLAIR HEIGHTS SUB NO 2 L40 P74 PLATS, W C R 21/594 36 X 103