125 WESTMINSTER Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48202
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60019052
Style Vacant Land
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30.00X115.00
Property Description
Great property for infill building located in Detroit’s bustling North End neighborhood. This is sold with adjacent lot (135 Westminster). Property is within walking distance to the Q-Line and New Center Area. It is also in close proximity to Wayne State University and Henry Ford Hospital. The seller is the Detroit Land Bank Authority. 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 and lot combinations 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 requirements. BATVAI
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Exterior
Waterfront No
Building
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Private
Financing Cash