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1231 24TH Street Detroit, MI 48216
10,018 Sqft Lot
UPDATED:
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
Area Wayne County - 100
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
Listed by Keller Williams Realty-Great Lakes