2087 MEADE Street Detroit, MI 48212

Single Family Residence

2 Beds

1 Baths

698 Sq. Ft.

0.07 Acre Lot

Property Activity

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Last updated on 11/24/2024 5:07 AM

Listing Details

Here is the latest offering from the Detroit Land Bank Authority. Single family home in need of extensive renovation. However, this property comes with the following vacant lots: 2091 Meade, 2097 Meade, 2111 Meade, 2115 Meade. Lots of potential here. Rehab the house and expand with the lots, Or... tear down the house and re-purpose the land. The choice is yours. 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 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 Continue reading

Source MLS

Real Comp

Originating MLS

Realcomp II Ltd

MLS#

2210072738

Property Type

Single Family

Bedrooms

Bathrooms

1 Full

Year Built