About This Home
This land at 5033 Vermont Street in Detroit, MI is listed for $14,000 (0.09 acres).
Key Features
- 0.09 acre lot
This is a package listing with 5039 Vermont St - both properties must be sold together. Excellent opportunity to develop in a growing Detroit neighborhood. Vacant residential parcel with easy access to Midtown, Corktown, downtown Detroit, major employers, and neighborhood amenities.
Located in an area experiencing continued residential investment and revitalization Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: 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 abatements 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.
Location
5033 Vermont Street
Detroit, MI 48208
Lafferty Farm Sub Of Blks 7 Thru 12 Ol2
Questions & Answers
This 0-bedroom, 0-bathroom land at 5033 Vermont Street is listed at $14,000. The estimated monthly payment is $75 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.09 acre lot.
This property is listed by Erick Monzo and can be reached at 5862103350.