14253 FORDHAM Street, Detroit, MI 48205

$17,000

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List Price
$17,000
Days on Market
326
MLS#
20251035824
Status
ACTIVE
Type
Land
Neighborhood
Wayne County - 100

Property Description

This vacant lot is bundled with 14245 and 14261 Fordham. A total of 3 lots. Not sold separately. Totaling= 11,119 sqft. Zoned R2. 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. 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. Please see attached documents for DLBA requirements and offer submission information.

Additional Information

Acres
0.09
School District
Detroit

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Leonard A Pickett from Listing Office: RCH Brokerage Legacy Inc.

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