Welcome to the latest offering from the Detroit Land bank authority. Single buildable lot in the Medbury subdivision. 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Details
MLS #
20230084437
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
1072
Listing Provided By
Real Estate One-Southfield | Gene Kelley II
Features
Zoning
Residential
Acreage
0.02
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
48202
Area
Det Livernois I
Community Name
BRUSH SUB BETW FARNSWORTH & HARPER (PLATS)
School District
Detroit
High School
Detroit
Sourced by Back At You
MLS Number: 20230084437
Gene Kelley II – (248) 723-0055 – kelleygroup17@gmail.com
Real Estate One-Southfield – (248) 723-0055
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MLS Number: 20230084437
Gene Kelley II – (248) 723-0055 – kelleygroup17@gmail.com
