$24,800
Pending

1570 PERRY

Detroit, MI 48216
Type:Purchase
Structure:Land
Zone:Residential

Description

Vacant Lot - New Build Opportunity. Purchaser must submit a development plan that includes scope of development (number of units and total square footage), development cost estimates, proof of funds, and architectural drawings or precedent architecture images. Incomplete proposals will not be considered. 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 abatements 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 abatements on the purchase and development financing. Contact agent for additional details.

  • Property Details
      • SubdivisionWOODBRIDGE FARM RESUB OF LOTS 28 29 & 30
      • Sewer InformationSewerAtStreet
      • Utility SourceWateratStreet
      • Parcel NumberW08I000691S
      • MLS #219033848
      • MLS #219033848
      • School DistrictDetroit
      • Original List Price$24,800
      • CountyWayne
      • Cost24800
      • Acres0.08
      • Property SubtypeLand
      • Days on Market (Cumulative)206

Location

Slater Signature HomesReal Estate Group
OR

Interested in Purchasing 1570 PERRY?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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