MLS # 20230082132 (Realcomp)

Check out this latest offering from the Detroit Land Bank Authority located at 8 Mile and Mound. This FIVE lot bundle is conveniently located near the Chrysler Assembly Plant and expressway making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 20511 CALDWELL, 20505 CALDWELL, 20500 BUFFALO, 20512 BUFFALO, AND 20522 BUFFALO AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $5,400.
Source: SparkMLS
Listed at $5,400.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
W CALDWELL 182 KOLOWICH PK L49 P63 PLATS, W C R 13/302 35 X 108
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Erick Monzo
Keller Williams Realty-Great Lakes
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
20511 CALDWELL Street, Detroit, MI 48234
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Neighborhood
Pershing
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Community
Detroit
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County
Wayne County
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