6050 VERMONT Street, Detroit, MI 48208

• 2 beds |
• 1 bath |
• 1,455 sqft

Property Description

Attention Investors, you don't want to miss this opportunity located near Wayne State University, New Center Area, and so much more. Sale includes adjacent vacant lot 6044 Vermont. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.

Listing Status:

Active

Listing Office:

Bellabay Realty Tri Counties : 2482746614

Listing Agent:

Natasha C Richards : 2482746614

MLS ID:

20250022254

Interior

• Basement: Unfinished
• Heating: Forced airNatural gas

Exterior

• Style: Ranch
• Pool: None
• Parking: No garage

Construction

• General: OtherOneBasementBlock

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Detroit
• County: Wayne

Lot

• Zoning: E VERMONT 106 EXC S 10 FT JAMES MC MILLANS EDENSOR SUB L19 P96 PLATSW C R 8/102 30.9 IRREGW08I008483S

Utilities

• Water: Public
• Sewer: Public sewer

Financial

• Source: Realcomp II Ltd

This listing courtesy of Natasha C Richards, Bellabay Realty Tri Counties