$67,500 for Sale
402 e euclid, detroit, MI 48202
Property Description
Great property for infill building located in Detroit's North End neighborhood. This property is bundled with 410, 416, 420, 426 E Euclid. A total of 5 lots. Totaling 18,390 sqft. Not sold separately. 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. BATVIA. 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. Please see attached documents for DLBA requirements and offer submission informa
General Information
Sale Price: $67,500
Price/SqFt:
Status: Active
MLS#: rcomi60199283
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: lowes sub (plats)
Acres: 0.09
Lot Dimensions: 33 x 120
Size:
Acreage: 0.09 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Information provided by East Central Association of REALTORS
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Listing By: Leonard Pickett of RCH Brokerage Legacy Inc, Phone: 248-440-2268