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About This Home
This land at 4206 VERMONT in Detroit, MI is listed for $24,830 (0.06 acres).
BUNDLED WITH 4134 AND 4144 VERMONT= 65K. NOT SOLD SEPERATELY. 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.PLEASE SEE ATTACHED DOCUMENTS FOR DLBA REQUIREMENTS AND OFFER SUBMISSION INFORMATION.
Key Features
- 0.06 acre lot
Location
4206 VERMONT
Detroit, MI 48208
WOODRUFFS SUB (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 4206 VERMONT is listed at $24,830. The estimated monthly payment is $108 based on 20% down at 6.5% interest.
Key features include: 0.06 acre lot.
This property is listed by Leonard A Pickett III and can be reached at (248) 440-2268 or lpickettiii@rchlegacy.com.
