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$ 15,000
Est. payment | /mo
6,534 Sqft Lot
$ 15,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mc Laughlin Brothers Sub (Plats)
MLS Listing ID 20240024434
Originating Board Realcomp II Ltd
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50 x 128
Property Description
Build your dream home or a multi-family development to suit situated in a bustling North End neighborhood . The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Direction N. of Euclid, W. of 2nd.
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID 04002154.
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Listed by Natasha C Richards of Bellabay Realty Tri Counties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "