9585 Iris Street, Detroit, MI 48227

Property Description

Check out this latest offering from the Detroit Land Bank Authority located at Chicago and Schafer Hwy. This THREE lot bundle is conveniently located in Barton-McFarland neighborhood near expressways making commutes to work or downtown easy. 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 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 abatement on the purchase and development financing. THIS BUNDLE INCLUDES 9585, 9591, AND 9601 IRIS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $.

Listing Status:

Active

Date Added:

June 27, 2024 at 05:00AM

Listing Office:

Keller Williams Realty-Great Lakes : 586-541-4000

Listing Agent:

Erick Monzo : 586-808-6436

MLS ID:

60319136

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: W IRIS S 43.87 FT OF E 294.15 FT 58 ROBT M GRINDLEYS SUB OF LITTLE FARMS L27 P97 PLATSW C R 22/574 43.87 X 294.15

Utilities

• Water: Public

Financial

• Source: MiRealSource

This listing courtesy of Erick Monzo, Keller Williams Realty-Great Lakes