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2447 Mt Elliott

Detroit, MI 48207
  • $500,000
  • STATUS: Active
  • ON SITE: 679 Days
  • ID#: 2200052792
$500,000
  • 0
    BEDS
  • 0.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Zoning:
Residential
Lot Size Dimensions:
126.00X290.00

School Ratings & Info

School District:

Description

Great property for infill building located in Elmwood Park. Vacant Lot (3650 Vernor) is included in the deal. Lot in walking distance from Detroit's Eastern Market and minutes from Downtown Detroit. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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 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 requirements and offer submission information.

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IDX provided courtesy of Realcomp II Ltd. via BestMichiganHouses.com and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than BestMichiganHouses.com are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-05-24T23:58:06.353.
www.greatmichiganhouses.com/homes/107849409
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2447 Mt Elliott Detroit, MI 48207

  • Price: $500,000
  • Status: Active
  • On Site: 679 Days
  • ID#: 2200052792
0
Beds
0
Baths
0
½ Baths
0.83
Acres
Neighborhood:
Elmwood Park Urban Renewal Plat No 3 (Also P63-70)
County:
Wayne
Area:
Det Woodward-Mcclellan/So Mack
School District:
DETROIT
Property Description
Great property for infill building located in Elmwood Park. Vacant Lot (3650 Vernor) is included in the deal. Lot in walking distance from Detroit's Eastern Market and minutes from Downtown Detroit. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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 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 requirements and offer submission information.
Exterior Features

Lot Size Dimensions 126.00X290.00 Road Frontage Type Paved Waterfront YN No

Property Features

Assessment 0 Existing Lease YN No Land Contract YN No Listing Financing Cash Ownership Status Government OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 90 DAYS Settlement City Sewer Sewer-Sanitary Short Sale No State Equalized Value 0.0000 Survey YN No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Total Tax 0.0000 Transaction Type Sale Unparsed Address 2447 MT ELLIOTT Water Source Municipal Water Zoning Residential

IDX provided courtesy of Realcomp II Ltd., via Rch Brokerage Legacy Inc: (248) 440-2268 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via BestMichiganHouses.com and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than BestMichiganHouses.com are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-05-24T23:58:06.353.
 
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