302 MOUNT VERNON Avenue Detroit, MI 48202

3,484 Sqft Lot

UPDATED:

08/03/2024 12:01 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Kochs Sub (Plats)

MLS Listing ID 2200064483

Originating Board Realcomp II Ltd

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 30.00X110.00

Property Description

Great property for infill building located in Detroit?s bustling North End neighborhood. This property is within walking distance to the Q-Line and New Center Area. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. 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. 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 requirements and offer submission information.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction TAKE WOODWARD SOUTH PASS HOLBROOK MAKE LEFT ONTO MOUNT VERNON

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID W01I002364S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by RCH Brokerage Legacy Inc

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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