8261 Brush
Detroit, MI 48202

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Description

Great opportunity for infill housing development. 8265, 8271 Brush and 323, 327, 331 Mt Vernon are included. All 6 properties are sold for $30,000. Totaling= 6,628 sqft. Not sold separately. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or 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. BATVAI. See attached documents for DLBA requirements and offer submission

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48202
• School District: Detroit
• Lot Size: 871 sq ft lot
• Directions: TAKE E GRAND BLVD HEADED EAST PASS WOODWARD MAKE LEFT ONTO BRUSH
• List Price Acre: 1500000
• Lot Size Area: 0.02
• Lot Size Square Feet: 871.2
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: W01I003876S010
• Road Frontage: 20
• Street Type: Paved
• Tax Legal Description: W BRUSH S 19.67 FT OF N 59.6 FT ON E LINE BG S 20.17 FT OF N 60.12 FT ON W LINE OF 113S 20.17 FT OF N 60.12 FT OF 114KOCHS SUB L8 P14 PLATS, WCR 1/108 19.67 IRREG