MI > Detroit
Detroit, MI 48215,1514 GRAY Street
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Detroit, MI 48215,1514 GRAY Street
Detroit, MI 48215,1514 GRAY Street
Detroit, MI 48215,1514 GRAY Street
Detroit, MI 48215,1514 GRAY Street
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Mark Brace

Mark Brace

+1(616) 447-7025
$ 6,000
Est. payment /mo
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1514 GRAY Street Detroit, MI 48215

3,484 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20250036689

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 30 x 122

Source Realcomp

Property Description

This property is sold in a bundle with 4 vacant lots 1528, 1508, 1522 Gray and 12905 Brooks totaling 20,128 sqft. Not sold separately. All lots sold together for 30k. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. Also include plans for the vacant lots with sketches and financing. 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 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. See attached documents for guidelines and submission instructions. BATVAI 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. See attached documents for guidelines and submission instructions. BATVAI

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction Take Jefferson Ave headed East pass Conner. Make left onto Gray.

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 21048454.

Acceptable Financing Cash

Listing Terms Cash

Listed by RCH Brokerage Legacy Inc
Mark Brace

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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