1231 24TH Street, Detroit, MI 48216
1231 24TH Street, Detroit, MI 48216
1231 24TH Street, Detroit, MI 48216
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$15,000
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10,018 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240043873

Annual Tax Amount $40

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 60.00 x 168.00

Source Realcomp

Property Description

Check out this latest offering from the Detroit Land Bank Authority located in Mexicantown This lot is conveniently located near expressways making commutes to work or downtown easy. 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.

Location

State MI

County Wayne

Zoning Residential

Direction N of I75, W of Grand Blvd

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID W12I009077S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by Keller Williams Realty-Great Lakes

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Leslie Baker

Leslie Baker

+1(616) 218-0650

Agent | License ID: 6506046760

Agent License ID: 6506046760

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