$13,500 for Sale

314 mount vernon, grosse pointe farms, MI 48236

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Property Description
This property is within walking distance to the Q-Line and New Center Area. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. Please note that the DLBA 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. Please see attached documents for DLBA requirements and offer submission information.
General Information
Sale Price: $13,500
Price/SqFt:
Status: Active
MLS#: 60131241
City: detroit
Post Office: grosse pointe farms
Schools: grosse pointe public schools
County: Wayne
Subdivision: lothrop estate co mt vernon sub
Acres: 0.08
Lot Dim: 50.00 x 105.00
Acreage: 0.08 est.
Tax, Fees & Legal
Est. Summer Taxes:  $1,860
Est. Winter Taxes:  $1,653


Information provided by East Central Association of REALTORS® ©2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Leonard Pickett of RCH Brokerage Legacy Inc

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Property listed by:
RCH Brokerage Legacy Inc
Call: (313) 510-7887

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