Great build opportunity on the border of Hamtramck. Addresses include 5658 (60x100) 5690 Talbot (47x49) 5680 Talbot (30x100), 5650 Talbot (30x100), 5644 Talbot (30x100), 5642 Talbot (30x100)and 5632 Talbot (30x100). BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS
Details
MLS #
20240024643
Listing Type
For Sale
Sub-Type
Resale
Status
Pending
Days On Site
881
Listing Provided By
Bellabay Realty Tri Counties | Natasha C Richards
Features
Zoning
Residential
Acreage
0.14
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
Hamtramck
Zip Code
48212
Area
Det
Community Name
THE J L HUDSON COMPANY (PLATS)
School District
Detroit
High School
Detroit
Sourced by Back At You
MLS Number: 20240024643
Natasha C Richards – (248) 274-6614 – natasharichards@comcast.net
Bellabay Realty Tri Counties – (248) 274-6614
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MLS Number: 20240024643
Natasha C Richards – (248) 274-6614 – natasharichards@comcast.net
