20900 TIREMAN, Detroit, Michigan 48228

$10,000
List Price
$10,000
Ownership
Government Owned, Short Sale - No
MLS#
2200007428
Status
ACTIVE
Subdivision
ROUGE PARK SUB

Property Description

Great deal!This property is sold with the vacant land next to it at 8026 Trinity (40x137). The DLBA is looking for a thoughtful Land Based Project for this site. A Land Based Project uses land for urban agriculture, gardening, beautification, other productive uses, whether for profit or as a community based activity. All offers need to include a plot plan showing how the buyer intends to activate the site. Please refer to the attached Plot Plan Instructions and DLBA proposal guidelines”.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 & 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 & development financing.

Additional Information

Zoning
Residential
Acres
0.62
Acres
0.62
School District
Detroit

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RCH Brokerage Legacy Inc.

IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and Realcomp II Ltd. Copyright 2020 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.