Perfect build opportunity available for purchase within walking distance of Detroit's Corktown, Social District, and the newly renovated Ford train station. Sale includes 2852, 2858, 2866, 2870, 2876 Tillman. 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.
Details
MLS #
20240024461
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
907
Listing Provided By
Bellabay Realty Tri Counties | Natasha C Richards
Features
Zoning
Residential
Acreage
0.06
Water Front
Yes
Interior
Cooling Yes / No
No
Heating Yes / No
No
Parking
Attached Garage Yes / No
No
Taxes
Tax Annual Amount
0
Area Information
State
MI
County
Wayne
City
Detroit
Zip Code
48216
Area
Det South Of Grand River
Community Name
J W JOHNSTONS SUB (PLATS)
School District
Detroit
High School
Detroit
Sourced by Back At You
MLS Number: 20240024461
Natasha C Richards – (248) 274-6614 – natasharichards@comcast.net
Bellabay Realty Tri Counties – (248) 274-6614
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MLS Number: 20240024461
Natasha C Richards – (248) 274-6614 – natasharichards@comcast.net