265 Mount Vernon Ave
Detroit, MI 48236
$12,000
Photo A Photo B Photo C
Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 4 with 249 Mt Vernon, 259 Mt Vernon, and 253 Mt. Vernon =Totaling $48,000. Not sold separately.This lot is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020.

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Property Details
Status: Pending
Listing Date 02/29/2020
County: Wayne
Acreage: 0.08
Lot Dimensions: 30.00X110.00
Subdivision: Kochs Sub (plats)
School District: Detroit
Lot Size: 0.08
Zoning: Residential
Water: Municipal Water
 
Listing Office: Rch Brokerage Legacy Inc
Office Address: 21411 Civic Center Dr Ste 2200
Listing Number: 2200016557
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