274 Horton, Detroit

$12,000

0 Beds
0 Baths
.07 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 Authority. 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® #219053559
Price$12,000
Acres0.07
TypeVacant Land
StatusActive
Community Information
Address274 Horton
SubdivisionBAGGS SUB PT OF OL 1
CityDetroit
CountyWayne
StateMI
Zip Code48202
Area

05043-Det: Livernois-I75 6-Gd River

Exterior
Lot Description30.00X100.00
School Information
DistrictDetroit
Additional Information
ZoningResidential
Listing Details
OfficeRCH Brokerage Legacy Inc
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 274 Horton, Detroit, MI

Photo of Listing #2200023333
$15,000
127 Rosedale Crt, Detroit

MLS® # 2200023333

Denovo Real Estate
Photo of Listing #2200023044
$15,000
538 Josephine, Detroit

MLS® # 2200023044

Denovo Real Estate
Photo of Listing #2200023043
$11,000
313 Englewood, Detroit

MLS® # 2200023043

Denovo Real Estate
Realcomp II Ltd Logo

IDX provided courtesy of Realcomp II Ltd., via Keller Williams Realty, Copyright 2020 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.