1408 LANSING, Detroit, MI 48209
1408 LANSING, Detroit, MI 48209
1408 LANSING, Detroit, MI 48209
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$20,000
Est. payment /mo
5,662 Sqft Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2210010609

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 44.00X140.00

Source Realcomp

Property Description

Great property for infill building. Sold with 2 vacant lots (1414 Lansing and 4612 Porter). Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. 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 request 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.

Location

State MI

County Wayne

Zoning Residential

Direction TAKE VERNON HEADED EAST PASS JUNCTION MKE RIGHT ONTO LANSING

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID W16I009705S

Acceptable Financing Cash

Listing Terms Cash


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Listed by RCH Brokerage Legacy Inc

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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Name

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