514 Mount Vernon Street
Detroit,
MI
48202
Property Details
List Price: |
$45,000 |
Beds: |
3 |
Baths: |
Full: 2 |
Status: |
Active |
SqFt: |
1348 Square Feet |
Agency: |
Real Estate One-Southfield |
Agency Phone: |
(248) 723-0055 |
Description/Comments
Lot Size: |
0 acre(s) |
Property Type: |
Residential-Single Family Residence |
Year Built: |
1910 |
Notes: |
Welcome to the latest offering from the Detroit Land Bank Authority. single family home with an attached lot ready for your development ideas. Home needs extensive rehab, but there are excellent opportunities available with this property. 506 mt vernon is also included in the sale. 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/or 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 |
MlsNumber: |
-- |
ListingId: |
20230099099 |
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Listing Provided By: |
Real Estate One-Southfield, original listing |
Phone: |
(248) 723-0055 |
Office Phone: |
(248) 723-0055 |
Agent Name: |
Gene Kelley II |
Disclaimer: |
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |