265 Horton St, Detroit

$15,000

0 Beds
0 Baths
.09 Acres
0 Garages

Build your dream home or a multi-family development to suit. This property is located in a Qualified
Opportunity Zone. The seller is the Detroit Land Bank A uthority. Buyer must submit an application to
purchase, including construction plans or precedent architectural images of proposed development and
financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 request 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

Essential Information
MLS® #219018077
Price$15,000
Acres0.09
TypeVacant Land
StatusActive
Community Information
Address265 Horton St
CityDetroit
CountyWayne
StateMI
Zip Code48202
Area

05043-Det: Livernois-I75 6-Gd River

Subdivision

HIBBARD BAKERS SUB L7 P90 (PLATS)

Exterior
Lot Description30.00X125.00
School Information
DistrictDetroit
Additional Information
ZoningResidential
Listing Details
OfficeRCH Brokerage Legacy Inc
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