Welcome to the latest offering from the Detroit Land Bank Authority. 3 Bedroom frame colonial in need of a total rehab offered in a 3 home package for one price all on the same street. Sale includes 14390 and 14578 Lappin as well. 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/or 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
Listed By
Agency Name: Real Estate One-Southfield
Agency Phone: (248) 723-0055
Shown By
Agent Name: Danielle Strickler
Agent Phone: (419) 290-9674
Agency Title: Key Realty
Estimated Payment
$ 117.71 per month $111.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $5.83 Homeowner's Insurance
14531 Lappin Street | MLS# 20240079179
This single family home located at 14531 Lappin Street, Detroit, MI 48205 is currently listed for sale with an asking price of $20,000. This property was built in 1926 and has 3 bedrooms and 1 full baths with 1180 sq. ft. Lappin Street is located in the GRATIOT AMERICAN PARK subdivision within the Detroit school district. Search GRATIOT AMERICAN PARK real estate on www.danielle-realty.com today.