3196 LOCKWOOD STREET
Detroit, MI 48210
2000 sqft | 2 beds | 2 baths | #20240034677
Description
Great for experienced investors. 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. BATVAI. Please see attached documents for DLBA guidelines.
Interior Details
- HeatingHot Water
Beds & Baths
- Total Baths2.00
- Bedrooms2
- Bathrooms2
- Full Baths2
Property Details
- Square Feet2000
Construction Details
- Property TypePurchase
Condition
- Year Built1905
Community and Neighborhood Details
- School DistrictDetroit
- RegionDetroit
- CountyWayne
Financial Details
- Original List Price$5,000
Other
- MLS #20240034677
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Leonard A Pickett III (#306589)
Listing Office: RCH Brokerage Legacy Inc (#350553)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.