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About This Home
This land at 2119 PUTNAM Street in Detroit, MI is listed for $4,000 (0.03 acres).
Sold in a bundle with 5001 Wabash, 5069 Wabash, and 2125 Putnam totaling 12,223 sqft. All 4 lots sold together for 20k. Not sold separately. Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan.
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. BATVAI. See attached documents for DLBA requirements and offer submission
Key Features
- 0.03 acre lot
Location
2119 PUTNAM Street
Detroit, MI 48208
PLAT OF GODFROY FARM (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 2119 PUTNAM Street is listed at $4,000. The estimated monthly payment is $17 based on 20% down at 6.5% interest.
Key features include: 0.03 acre lot.
This property is listed by Leonard A Pickett III and can be reached at (248) 440-2268 or lpickettiii@rchlegacy.com.
