$10,000 for Sale
5277 lenox street, detroit, MI 48213
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 2 buildable lots located in the chandler park area. This sale includes 5285 lenox as well. Both lots total approximately 7000 sqft of buildable space. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
General Information
Sale Price: $10,000
Price/SqFt:
Status: Active
MLS#: 20251060250
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: parkside manor
Acres: 0.08
Lot Dimensions: 35X100
Size:
Acreage: 0.08 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Legal Description: W LENOX 138 PARKSIDE MANOR SUB L45 P53 PLATS, W C R 21/675 35 X 100

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Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055