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MLS# 20221069872
Active $6,500
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Welcome to the latest offering from the Detroit Land Bank Authority. 5 vacant lots in the middle of the block just waiting for your development ideas. Sale also includes 3812, 3800, 3794 and 3788 Belvidere. All lots are contiguous. 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/or 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. Please refer to DLBA proposal guidelines
School District: Detroit County: Wayne Status: Active Listing Type: Vacant Land
Sewer: Sewer at Street Directions: mack west to belvidere, go South
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IDX provided courtesy of Realcomp II Ltd, by Gene Kelley II via Real Estate One-Southfield and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
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