About 8773 Petoskey Ave
Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
Features of 8773 Petoskey Ave
| MLS® # | 20221067394 |
|---|---|
| Price | $10,000 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,584 |
| Acres | 0.09 |
| Year Built | 1918 |
| Type | Multifamily |
| Sub-Type | Colonial |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 8773 Petoskey Ave |
|---|---|
| Area | 05043 - Det: Livernois-I75 6-Gd River |
| Subdivision | LAMBRECHT KELLY & COS GRAND RIVER TERMINAL(PLATS) |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48204 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Construction | Brick |
|---|---|
| Foundation | Basement, Poured |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RCH Brokerage Legacy Inc |
|---|---|
| Contact Info | lpickettiii@rchlegacy.com |