408 MARSTON, Detroit, MI 48202

Detroit
Local realty services provided by:ERA Prime Real Estate Group
408 MARSTON,Detroit, MI 48202
$40,000
  • 0.03 Acres
  • Lots / Land
  • Active
Listed by: leonard a pickett iii, clarence r wilson
Office: rch brokerage legacy inc
MLS#:2200012946
Source:MI_REALCOMP

Price summary

  • Price:$40,000

About this home

Great opportunity for infill housing development. Located in a Opportunity Zone. 414 Marston, 8032,8036, 8042, 8048, & 8050 Brush. Totaling = 13,739 sqft. All 7 properties are sold for $40k. Not sold separately. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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.

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Home facts

  • Listing ID #:2200012946
  • Added:1119 day(s) ago
  • Updated:July 21, 2026 at 05:01 AM

Structure and exterior

  • Lot area:0.03 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$40,000
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