9928 Belleterre St, Detroit, MI 48204
Multi-unit residential property with brick construction and a complete rehabilitation requirement.
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Ownership is subject to a potential tax capture by the Detroit Land Bank Authority for the five tax years following transfer. That arrangement may be incompatible with available tax abatements or lot combinations. Requests to waive the tax-capture rights may be reviewed, and approval may require a payment in lieu of taxes based on the development pro forma and the impact of abatements on acquisition and development financing. DLBA proposal guidelines apply.
Key Highlights
- Four‑unit brick quadplex at 9928 Belleterre Street, Detroit, MI 48204
- Full rehabilitation required
- Located in Detroit’s Nardin Park community
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Vacancy Rate% for Multifamily in Midwest region