3774 W Boston Blvd, Detroit, MI 48206

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. 4 unit brick Quadruplex in an up and coming development area. Property also includes 2 vacant lots 3784 and 3766 W. Boston on either side of the building for even more expansion possibilities. Show with caution because property needs a complete rehab. Vacant lots bundled with structures need to show a minimal design for example, someone may indicate they are fencing and putting benches and some bushes. They do need to show a diagram as indicated in the plot plan example #1 on page 5 of 20. 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines