New Construction
Address
408 Marston Detroit, MI
Price
$ 5,218
Property Attributes
  • ML#2200012946
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Livernois-I75 6-Gd River
  • NeighborhoodATKINSONS SUB OF PARK LOT 6
  • Zip48202
  • StyleVacant Land
  • Price$ 5,218
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
RCH Brokerage Legacy Inc
Property Description

GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT.LOCATED IN A OPPORTUNITY ZONE.BUYER MUST SUBMIT AN APP TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF OR PRE-APP LETTER ON A NEW CONSTRUCTION LOAN.ALL 7 PROPERTIES ARE SOLD FOR $40,000 TOTAL.NOT SOLD SEPARATELY .414 MARSTON, 8032,8036, 8042, 8048, & 8050 BRUSH ARE INCLUDED IN THIS DEAL.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 & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING .PLEASE SEE ATTACHED DLBA REQUIREMENTS. BATVI

Price History
2/17/2020 Listed $5,218

General Features

Cumulative Days on Market 389
Listing Agent Public Id 306589
Originating MLS Realcomp II Ltd
Ownership Status Government Owned, Short Sale - No
Parcel Number W01I002297S002L
Possession At Close
Property Type Vacant Land
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Pending
Subdivision Name ATKINSONS SUB OF PARK LOT 6 (PLATS)
Terms Offered Cash
Transaction Type Sale
Zoning Residential

Exterior Features

Lot Size Area 0.03
Lot Size Dimensions 21.00X60.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Brookstone Realtors and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. 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.

Data is updated as of December 2, 2020 2:15 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48202

Price
AVG $230K
$10K
Visits
AVG 15
26
Walkscore
AVG 71
75
Data Provided by Walkscore ® not using MLS data

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