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1408 LANSING ST DETROIT, MI 48209
- Vacant Land / Resale (MLS)
Property Details for 1408 LANSING ST, DETROIT, MI 48209
Features
- Lot Size: 5663 sq. ft.
- Heating: 4
Facts
- Property ID: 714764052
- MLS Number: 2210010609
- Parcel Number: 16009705.
- Property Type: Vacant Land
- County: WAYNE
- Legal Description: E LANSING 25 WAGNER BROS SUB L8 P67 PLATS, W C R 16/112 43.73 X 139.96
- Zoning: R2
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Great property for infill building. Sold with 2 vacant lots (1414 Lansing and 4612 Porter). 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. BATVAI. Please see attached documents for DLBA requirements and offer submission information.
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Property Brokerage:
RCH Brokerage Legacy, Inc.
21411 Civic Center Dr Ste 2200
Southfield
MI
48076
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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