About 3196 Lockwood Street
Great for experienced investors. 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 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. BATVAI. Please see attached documents for DLBA guidelines.
Features of 3196 Lockwood Street
MLS® # | 20240034677 |
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Price | $8,500 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 2,000 |
Acres | 0.10 |
Year Built | 1905 |
Type | Residential |
Sub-Type | Single Family Residence |
Status | Active |
Community Information
Address | 3196 Lockwood Street |
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Area | Wayne County - 100 |
City | Detroit |
County | Wayne |
State | MI |
Zip Code | 48210 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Hot Water |
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Fireplace | No |
# of Stories | 2 |
School Information
District | Detroit |
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Additional Information
Legal | E LOCKWOOD 199 MCMILLAN & WHITING SUB L14 P97 PLATS, W C R 16/76 30 X 146.61 |
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New Construction | No |
Sewer | Public |
Water | Public |
Financial Details
Annual Property Tax | $0 |
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Tax ID # | W16I010522S |
Taxable Value | 0.00 |
Listing Details
Agent | Leonard Pickett |
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Office | RCH Brokerage Legacy Inc |