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$ 7,000
Est. payment | /mo
6,969 Sqft Lot
$ 7,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision Tafts (Plats)
MLS Listing ID 20240024677
Originating Board Realcomp II Ltd
Annual Tax Amount $100
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 60.00 x 115.00
Property Description
Great Build Opportunity Waiting for You! Zoned R1 Residential, so bring your ideas. 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. 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 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 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.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Direction E. of Rosa Parks Blvd., W. of Forest
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID W08I001228S
Ownership Government Owned,Short Sale - No
Assessment Amount $100
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Listed by Natasha C Richards of Bellabay Realty Tri Counties
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Debra Katz
REALTOR® | Lic# 6501430267