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2,178 Sqft Lot
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Key Details
Property Type Vacant Land
Sub Type UnimprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Herbert Bowen & George T Abreys (Plats)
MLS Listing ID 20240003625
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type UnimprovedLand
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 4 vacant land lots in the Chadsey/Condon 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 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. Vacant Land Opportunity. 3643 30th St., 3637 30th St., 3631 30th St., & 3724 31st St are included in this bundle. LOTS WILL NOT BE SOLD SEPARATELY. Bundle price is $5,000
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. Vacant Land Opportunity. 3643 30th St., 3637 30th St., 3631 30th St., & 3724 31st St are included in this bundle. LOTS WILL NOT BE SOLD SEPARATELY. Bundle price is $5,000
Location
State MI
County Wayne
Area Area05101Detsouthofgrandriver
Interior
Fireplace No
Exterior
View Y/N No
Building
Sewer Sewer At Street
Water WateratStreet
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Erick Monzo of Keller Williams Realty-Great Lakes
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