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$35,000
Est. payment /mo
0.32 Acres Lot
UPDATED:
04/18/2024 07:40 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mc Leods Sub (Plats)
MLS Listing ID 20240024664
Originating Board Realcomp II Ltd
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 90 x 153
Property Description
Located in an up and coming Island View area, new construction builds are coming up everywhere, so don't miss out on your opportunity to own seven lots!! Addresses include 3173, 3215, 3209, 3199, 3191, 3165, and 3159 Concord. 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. 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 Woodward-Mcclellan/So Mack
Zoning Residential
Direction S. of Mack & W. of E. Grand Blvd.
Exterior
Waterfront no
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID 15011679.
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