8261 BRUSH
Detroit, MI 48202
#20221049454
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
Construction Details
- Property TypePurchase
Community and Neighborhood Details
- School DistrictDetroit
- RegionDetroit
- CountyWayne
Other
- MLS #20221049454
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Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Leonard A Pickett III (#306589)
Listing Office: RCH Brokerage Legacy Inc (#350553)
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.
