4444 GRANDY STREET
Detroit, MI 48207
4 beds | 2 baths | 0.06 acres | #20240047510
Description
Investment Opportunity for infill residential development located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Esti. Sale includes 7 adjacent lots 4444, 4402, 4410, 4418, 4424, 4428, 4434 & 4440 Grandy. Sale contingent on buyer/seller executed development agreement. 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 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.
Property Details
- SubdivisionGRANDYS PLAT OF SUB OF LOT 56 & LOTS 64 & 66
- Property SubtypeImprovedLand
- Sewer InformationPublicSewer
- MLS #20240047510
- Parcel NumberW11I003643S
- MLS #20240047510
- Property TypePurchase
- School DistrictDetroit
- Utility SourcePublic
- Original List Price$8,000
- CountyWayne
- Acres0.06
- Cost8000
- Days on Market (Cumulative)289
- Bedrooms4
- Bathrooms2
- Full Baths2
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Natasha C Richards (#292343), Email: natasharichards@comcast.net
Listing Office: Bellabay Realty Tri Counties (#385913)
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