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259 MOUNT VERNON Avenue
Detroit, MI 48202
N/A Beds
N/A Baths
NaN Sq Ft
0.08 ac Acres
N/A Year Built
2336 Days on homefello
$48,000
Est. $399/mo
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About This Property
Great lot for infill building located in Detroit's bustling North End neighborhood. This lot is sold as a bundle of 4 with 249 Mt Vernon, 253 Mt Vernon, and 265 Mt. Vernon = 48k. Totaling = 13,211 sqft. 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.
Listed by: Leonard A Pickett (313) 510-7887 RCH Brokerage Legacy Inc
Source: MiRealSource MLS#: 40032207
Key Features
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Property Overview
Lot size: 0.0800 acres
Vacant Land architecture
Vacant Land
Zoning: Residential
Utilities
Water: Public
Community
Subdivision: KOCHS SUB (PLATS)
Wayne County
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From: 259 MOUNT VERNON Avenue, Detroit 48202
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