427 Riverbank Street is a $10,000 property located in Wyandotte, MI.
"BUILD A FUTURE IN WYANDOTTE". ONE LOT OF FIFTY VACANT PROPERTIES OWNED BY THE GREAT CITY OF WYANDOTTE. LOCATED IN THE NEIGHBORHOOD ENTERPRISE ZONE NEZ 1 AND 2 BETWEEN EUREKA AND GROVE. YOU MAY MAKE YOUR OFFER DIRECT WITH THE CITY OF WYANDOTTE TO PREPARE A PURCHASE AGREEMENT... BUYER MUST BUILD ON THE LOT WITHIN TWELVE (12) MONTHS. THIS OFFERING INCLUDES A DEFERRED PAYMENT PLAN. TERMS OF THE DEFERRED PAYMENT PLAN IS IF THE PROPERTY IS THEIR PRIMARY RESIDENCE, THE PAYMENT AND CLOSING COSTS ARE PLACED AS A LIEN ON THE PROPERTY FOR TEN (10) YEARS. IF THE BUYER CONTINUES TO OCCUPY THE PROPERTY AS THEIR PRIMARY RESIDENCE TEN (10) YEARS THE LIEN IS DISSOLVED AT THE START OF THE ELEVENTH (11) YEAR. IF BUYER MOVES EARLY, THE ENTIRE AMOUNT IS DIE TO THE CITY. CITY WILL REVIEW AND EVALUATE ALL OFFERS. Listed as a courtesy. City does not pay any Commission.
Zoning - Residential
Water at Street
Sewer at Street
River Bank Manor Sub
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