118 W ARIZONA Street Pending Save Request In-Person Tour Request Virtual Tour
Highland Park,MI 48203
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20230099946
HOA Y/N true
Originating Board Realcomp
Year Built 1921
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50.00 x 122.00
Property Description
This property is bundled with vacant lot 128 Arizona totaling= 9,191sqft. Not sold separately. Property zoned R2. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission information. Please submit all proposals by 8/19/2024 5pm.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction TAKE E MCNICHOLS HEADED WEST PASS CHRYSLER FRWY TO JOHN R. MAKE RIGHT ONTO JOHN R. MAKE LEFT ONTO THE FIRST STREET ON THE LEFT SIDE (ARIZONA)
Interior
Heating Hot Water
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W01I004576S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}