1932 W ALEXANDRINE ST Detroit MI 48208 MLS #20240004640

Bundled w/ 1946 Alexandrine, 4108,4116,4124 Vermont=135k. Not Sold Separately. Building should define space in meaningful way. It should be designed to complement community. Provide a diverse residential stock and density at a variety of procedure of price points, ownership types (i.e rent,own), housing types. Densities shall support opportunities for neighborhood commercial investments and jobs creation, stimulating growth in local economy. 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 and 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 abatement on the purchase and development financing. Please see attached docs to submit offer.