18572 Binder Street
Detroit, MI 48234
0.28 acres | #R2210011118
Description
Single story Brick building offered by the Detroit Land bank Authority. Good location. In a very well to do neighborhood. Needs extensive rehabilitation. Please take caution when showing. Please note that the Detroit Land Bank Authority 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 abatements and lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Property Details
- SubdivisionDODGE LAND (PLATS)
- MLS #R2210011118
- MLS #R2210011118
- Property SubtypeCommercial
- Original List Price$7,100
- CountyWayne
- Buying Agency Compensation$1000
- Acres0.28
- Year Built9999
- Cost7100
- Days on Market (Cumulative)778
- Days On Market778
- Garage Spaces0
Location
Legal
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Last Updated: . Source: AAABOR
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.