40
See all 40 photos
$50,000
Est. payment /mo
3 Baths
4,356 Sqft Lot
New
8788 Dexter Avenue Detroit, MI 48206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261022849
HOA Y/N true
Year Built 1918
Annual Tax Amount $832
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 36X120
Source Realcomp
Property Description
The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult the proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction N of Grand River / W of Grand Blvd
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I010433S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Keller Williams Realty-Great Lakes
NEARBY SCHOOL & BUSINESS
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