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About This Home
This land at 5285 Lenox Street in Detroit, MI is listed for $10,000 (N/A).
Welcome to the latest offering from the Detroit Land Bank Authority. 2 buildable lots located in the chandler park area. This sale includes 5277 lenox as well. Both lots total approximately 7000 sqft of buildable space. 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 abatements and/or 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Location
5285 Lenox Street
Detroit, MI 48213
Parkside Manor
Questions & Answers
This 0-bedroom, 0-bathroom land at 5285 Lenox Street is listed at $10,000. The estimated monthly payment is $43 based on 20% down at 6.5% interest.
This property is listed by Gene Kelley II and can be reached at (248) 304-6700 or kelleygroup17@gmail.com.
