300 HORTON ST, detroit Michigan 48202
MLS® #: 218078514
$24,000

Build your dream home or a multi-family development to suit. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. The seller is the...
Full Description

Beds
Bath
SqFt

Overview

Build your dream home or a multi-family development to suit. This opportunity is located near the Woodward corridor with convenient access to local businesses and institutions. The seller is the Detroit Land Bank Authority. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development and financing plan with proof of funds or a pre-approval letter on a new-construction loan. Please note that the Detroit Land Bank Authority 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 request 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.

Essential Information
MLS218078514
address300 HORTON ST Detroit Michigan
cityDetroit
countyWayne
coordinatesLatitude : 42.37465
Longitude : -83.078035
lot size
  • Lot size area: 0.14
  • Lot size dimensions: 60.00X100.00
subdivisionBAGGS SUB PT OF OL 1
marketrealcomp
property TypeVacant Land
statusPending
Primary Features
school districtDetroit
Interior Features
fireplaceNo
basementNo
External Features
poolNo
lot size area0.14
garage featuresno
garageNo
sewerSewer-Sanitary
frontage feet60
lot size dimensions60.00X100.00
road frontage typePaved
Financial Details
transaction typeSale
list price24000
list price by acre171428.5714
Location Information
parcel numberW01I001977C8
postal code48202
zoningResidential
Additional
directionsTAKE WOODWARD HEADED NORTH PAST E. GRAND BLVD MAKE RIGHT ONTO HORTON
encroachmentNo
inventory includedNo
Water sourceMunicipal Water
ownership status
  • Bank Owned
  • Short Sale - No