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About This Home
This land at 402 E EUCLID Street in Detroit, MI is listed for $67,500 (0.09 acres).
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 information.
Key Features
- 0.09 acre lot
Location
402 E EUCLID Street
Detroit, MI 48202
LOWES SUB (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 402 E EUCLID Street is listed at $67,500. The estimated monthly payment is $293 based on 20% down at 6.5% interest.
Key features include: 0.09 acre lot.
This property is listed by Leonard A Pickett III and can be reached at (248) 440-2268 or lpickettiii@rchlegacy.com.
