About This Home
This land at 1408 LANSING in Detroit, MI is listed for $20,000 (0.13 acres).
Key Features
- 0.13 acre lot
Great property for infill building. Sold with 2 vacant lots (1414 Lansing and 4612 Porter). Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan.
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 abatement that are otherwise available to the selected purchaser.
DLBA will review request 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
1408 LANSING
Detroit, MI 48209
WAGNER BROS SUB (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 1408 LANSING is listed at $20,000. The estimated monthly payment is $107 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.13 acre lot.
This property is listed by Leonard A Pickett III and can be reached at 2484402268.
