5069 Wabash St, Detroit Wayne, MI 48208

Description

Sold in a bundle with 5001 Wabash, 2119 Putnam, and 2125 Putnam totaling 12,223 sqft. All 4 lots sold together for 20k. Not sold separately. Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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 capt...