Price
$ 10,000

496 RIVERBANK Street, Wyandotte, MI 48192  

496 RIVERBANK Street, Wyandotte, MI 48192  

BUILD A FUTURE IN WYANDOTTE. ONE LOT OF FIFTY VACANT PROPERTIES OWNED BY THE GREAT CITY OF WYANDOTTE. LOCATED IN THE NEIGHBORHOOD ENTERPRISE ZONE NEZ 1 AND 2 BETWEEN EUREKA AND GROVE. YOU MAY MAKE YOUR OFFER DIRECT WITH THE CITY OF WYANDOTTE TO PREPARE A PURCHASE AGREEMENT... BUYER MUST BUILD ON THE LOT WITHIN TWELVE (12) MONTHS. THIS OFFERING INCLUDES A DEFERRED PAYMENT PLAN. TERMS OF THE DEFERRED PAYMENT PLAN IS IF THE PROPERTY IS THEIR PRIMARY RESIDENCE, THE PAYMENT AND CLOSING COSTS ARE PLACED AS A LIEN ON THE PROPERTY FOR TEN (10) YEARS. IF THE BUYER CONTINUES TO OCCUPY THE PROPERTY AS THEIR PRIMARY RESIDENCE TEN (10) YEARS THE LIEN IS DISSOLVED AT THE START OF THE ELEVENTH (11) YEAR. IF BUYER MOVES EARLY, THE ENTIRE AMOUNT IS DIE TO THE CITY. CITY WILL REVIEW AND EVALUATE ALL OFFERS.

Read More
  • Listing Type Vacant Land
  • Listing ID 215120318
  • Lot Size 50X256
  • Listing Status Active
  • County Wayne
  • Subdivision River Bank Manor Sub
  • County School District Wyandotte
  • Zoning Residential
  • TaxID 57001050104000
Provided through IDX through Realcomp II Ltd. Courtesy of RE/MAX On The Boulevard Copyright 2014 Realcomp II Ltd. Shareholders
Houses for Sale Nearby