About This Home
This land at 13402 DEAN Street in Detroit, MI is listed for $49,000 (0.07 acres).
Key Features
- 0.07 acre lot
Great build opportunity on the border of Hamtramck. Addresses include 13402 Dean, 13410 Dean, 13414 Dean, 13420 Dean, 13428 Dean, 13434 Dean, 13400 Dean. Lots cannot be sold separately. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES.
DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS
Location
13402 DEAN Street
Detroit, MI 48212
MECHANIC PARK (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 13402 DEAN Street is listed at $49,000. The estimated monthly payment is $262 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.07 acre lot.
This property is listed by Natasha C Richards and can be reached at 2482746614.
