Address
414 Marston Detroit, MI
Price
$ 6,956
Property Attributes
  • MLS#40027035
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48202
  • StyleVacant Land
  • Price$ 6,956
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,742 SqFt
Listing Provided Courtesy Of:
RCH Brokerage Legacy Inc
Data Source:
Michigan Multiple Listing Service
Property Description

GREAT OPPORTUNITY FOR INFILL HOUSING DEVELOPMENT.LOCATED IN A OPPORTUNITY ZONE.BUYER MUST SUBMIT AN APP TO PURCHASE,INCLUDING CONSTRUCTION PLANS OR PRECEDENT ARCHITECTURAL IMAGES OF PROPOSED DEVELOPMENT & FINANCING PLAN W/ POF OR PRE-APP LETTER ON A NEW CONSTRUCTION LOAN.ALL 7 PROPERTIES ARE SOLD FOR $40,000 TOTAL.NOT SOLD SEPARATELY. 408 MARSTON, 8032, 8036, 8042, 8048, & 8050 BRUSH ARE INCLUDED IN THIS DEAL.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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING. PLEASE SEE ATTACHED DLBA REQUIREMENTS. BATVI

Price History
2/17/2020 Listed $6,956

General Features

Association Fee Y/n No
Class VACANT LAND
Directions HEAD SOUTH ON WOODWARD PASS HOLBROOK AVE MAKE LEFT MARSTON DRIVE DOWN TO BRUSH CORNER LOTS
Financial Terms Cash
Legal Description S MARSTON N 67 FT OF E 20.85 FT 25 N 48.30 FT OF W 2.55 FT OF E 23.40 FT 25 ATKINSONS L8, P21, PLATS, W C R 1/107 23.4 IRREG
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Government Owned
School District Detroit City School District
Source Mls MI Real Source
Status Pending
Status Pending
Style Vacant Land
Subdivision ATKINSONS SUB OF PARK LOT 6 (PLATS)
Subj To Short Sale Apprvl No
Type Vacant Land
Water Public Water
Zoning Residential

Exterior Features

Lot Dimensions 23.00X66.00
Lot Size Area 0.04
Roads Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48202

Price
AVG $230K
$10K
Visits
AVG 25
41
Walkscore
AVG 74
74
Data Provided by Walkscore ® not using MLS data

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