MI > Wayne > Detroit > 2447 Mt Elliott
  • 0.83 Acres
  • MLS# 2200052792
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GREAT PROPERTY FOR INFILL BUILDING LOCATED IN ELMWOOD PARK. VACANT LOT (3650 E VERNOR)IS INCLUDED IN DEAL. THIS PROPERTY IN WALKING DISTANCE FROM DETROIT'S EASTERN MARKET AND MINUTES AWAY FROM DOWNTOWN DETROIT.BUYER MUST SUBMIT AN APP TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF OR PRE-APP LETTER ON A NEW CONSTRUCTION LOAN.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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

Property Information

Status
Active 
Address
2447 Mt Elliott 
City
Detroit 
Zip
48207 
Lot Size
0.83 
Lot Dimensions:
126.00X290.00 
Zoning
Residential
Water
Municipal Water 
Listing Date
07/08/2020 
Subdivision
Elmwood Park Urban Renewal Plat No 3 (also P63-70) 
County
Wayne 

School Information

School District
Detroit 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200052792 Active Jul 14 2020 5:37PM $500,000 141
School Information
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Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of Rch Brokerage Legacy Inc
Office Address 21411 Civic Center Dr Ste 2200

Real Estate One Family of Companies

2447 Mt Elliott Detroit
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$500,000
For Sale • Acres: 0.83 • School District: Detroit