$4,500
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2087 MEADE Street Detroit, MI 48212
Single Family
Residence
2
Beds
1
Baths
698
Sq. Ft.
0.07
Acre
Lot
Property Activity
Time on Site
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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
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Source MLS
Real Comp
Originating MLS
Realcomp II Ltd
MLS#
2210072738
Property Type
Single Family
Bedrooms
2
Bathrooms
1 Full
Year Built
1919
Square Feet
698
sq. ft
Lot Size
0.07
Stories
1.5
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