5201 STANTON ST, Detroit, MI 48208 - MLS#20240043415

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$18,500

Est. payment - /mo

4 Baths

5,227 Sqft Lot

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Key Details

Property Type Vacant Land

Sub Type UnimprovedLand

Listing Status Active

Purchase Type For Sale

Subdivision Stantons Sub Pt Of Pc 47 3 N Of Grand River

MLS Listing ID 20240043415

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type UnimprovedLand

Property Description

Check out this latest offering from the Detroit Land Bank Authority located at Grand River and I-94. This TWO lot bundle is conveniently located in Woodbridge neighborhood 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. THIS BUNDLE INCLUDES 5201 STANTON AND 2524 MERRICK AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $18,500.00.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Exterior

View Y/N No

Building

Sewer SewerAtStreet

Water WateratStreet

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition GovernmentOwned, ShortSaleNo

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Listed by Erick Monzo of Keller Williams Realty-Great Lakes

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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5201 STANTON ST Detroit, MI 48208

Jason Miller

Key Details

Location

Exterior

Building

Schools

Others

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