$10,000
Closed

3450 TOWNSEND STREET

DETROIT, MI 48214
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Brick 2 family offered by the Detroit land bank authority for sale. Sale also includes 2985 Seyburn and 2970 Baldwin as well. 3 multi units for one price. Exterior pictures only, show with caution. 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 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. BUNDLE CANNOT BE SPLIT!

    Location

    Timothy StinsonPremier Realtor | 248-933-0539