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About This Home
This land at 5201 STANTON Street in Detroit, MI is listed for $18,500 (0.12 acres).
Check out this latest offering from the Detroit Land Bank Authority located at Grand River and I-94. This TWO lot bundle is conveniently located in Woodbridge neighborhood near expressways making commutes to work or downtown easy. 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. THIS BUNDLE INCLUDES 5201 STANTON AND 2524 MERRICK AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $18,500.00.
Key Features
- 0.12 acre lot
Location
5201 STANTON Street
Detroit, MI 48208
STANTONS SUB PT OF PC 47 3 N OF GRAND RIVER
Questions & Answers
This 0-bedroom, 0-bathroom land at 5201 STANTON Street is listed at $18,500. The estimated monthly payment is $80 based on 20% down at 6.5% interest.
Key features include: 0.12 acre lot.
This property is listed by Erick Monzo and can be reached at (586) 541-4000 or erick@monzogroup.com.
