259 Mount Vernon Ave, Detroit

$12,000

0 Beds
0 Baths
.08 Acres
0 Garages

Great lot for infill building located in Detroit’s bustling North End neighborhood. This lot is sold as a bundle of 4 with 265 Mt Vernon, 259 Mt Vernon, and 253 Mt. Vernon =Totaling $48,000. Not sold separately.This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. 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 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 abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines. All offers due by noon April 3,2020.

Essential Information
MLS® #2200016561
Price$12,000
Acres0.08
TypeVacant Land
StatusActive
Community Information
Address259 Mount Vernon Ave
Area05063-Grosse Pointe Farms
SubdivisionKOCHS SUB (PLATS)
CityDetroit
CountyWayne
StateMI
Zip Code48236
Exterior
Lot Description30.00X110.00
School Information
DistrictDetroit
Additional Information
ZoningResidential
Listing Details
OfficeRCH Brokerage Legacy Inc
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