$8,000
Sold

9355 CARTEN STREET

DETROIT, MI 48214
3 beds | 1 bath | #2210065662
Type:Purchase
Structure:House
Zone:Residential

Description

Great investment opportunity located a short distance from FCA and East Village/Downtown. Sale contingent on buyer/seller executed development agreement. 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.

    Location

    Timothy StinsonPremier Realtor | 248-933-0539