3196 LOCKWOOD ST
DETROIT, MI 48210
$5,000
2 Beds
2 Baths
2,000 Sq Ft
Status Active
MLS# 20240034677
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.
Details for 3196 LOCKWOOD ST
$3 / Sq Ft
0 parking spaces
Hot Water
29 Days on website
0.1 acres lot