$67,500 for Sale

402 euclid street, detroit, MI 48202

Property Description
Great property for infill building located in Detroit's North End neighborhood. This property is bundled with 410, 416, 420, 426 E Euclid. A total of 5 lots. Totaling 18,390 sqft. Not sold separately. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. BATVIA. 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 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. Please see attached documents for DLBA requirements and offer submission information.
General Information
Sale Price: $67,500
Price/SqFt:
Status: Active
MLS#: 20230018475
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: lowes sub (plats)
Acres: 0.09
Lot Dimensions: 33 x 120
Size:
Acreage: 0.09 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  S EUCLID 42 LOWES L8 P26 PLATS, W C R 1/110 33 X 120


Information provided by East Central Association of REALTORS® Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Leonard A Pickett III of RCH Brokerage Legacy Inc, Phone: (248) 440-2268
248-730-3700 Call Bill Wahlstrom for more information about this property.

Ask me about this property

Listings Presented by:
Bill Wahlstrom
Call:
248-730-3700