8042 Brush, Detroit

$3,478

0 Beds
0 Baths
.02 Acres
0 Garages

GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT.LOCATED IN A OPPORTUNITY ZONE.BUYER MUST SUBMIT AN APP TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF OR PRE-APP LETTER ON A NEW CONSTRUCTION LOAN.ALL 7 PROPERTIES ARE SOLD FOR $40,000 TOTAL.NOT SOLD SEPARATELY. 408 MARSTON, 414 MARSTON, 8032, 8036, 8048, & 8050 BRUSH ARE INCLUDED IN THIS DEAL.PLEASE NOTE THAT THE DLBA 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.PLEASE SEE ATTACHED DLBA REQUIREMENTS. BATVI

Essential Information
MLS® #2200012941
Price$3,478
Acres0.02
TypeVacant Land
StatusActive
Community Information
Address8042 Brush
CityDetroit
CountyWayne
StateMI
Zip Code48202
Area

05043-Det: Livernois-I75 6-Gd River

Subdivision

ATKINSONS SUB OF PARK LOT 6 (PLATS)

Exterior
Lot Description24.00X42.00
School Information
DistrictDetroit
Additional Information
ZoningResidential
Listing Details
OfficeRCH Brokerage Legacy Inc
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