Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.The DLBA is seeking proposals 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 recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. 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 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 #
20240024982
Listing Type
For Sale
Sub-Type
Resale
Status
Pending
Days On Site
887
Listing Provided By
Bellabay Realty Tri Counties | Natasha C Richards
Features
Zoning
Residential
Acreage
0.10
Water Front
Yes
Interior
Cooling Yes / No
No
Heating Yes / No
No
Parking
Attached Garage Yes / No
No
Area Information
State
MI
County
Wayne
City
Detroit
Zip Code
48202
Area
Det Livernois I
Community Name
JOS R MC LAUGHLINS (PLATS )
School District
Detroit
High School
Detroit
Sourced by Back At You
MLS Number: 20240024982
Natasha C Richards – (248) 274-6614 – natasharichards@comcast.net
Bellabay Realty Tri Counties – (248) 274-6614
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MLS Number: 20240024982
Natasha C Richards – (248) 274-6614 – natasharichards@comcast.net
