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$ 60,000
Est. payment | /mo
5,227 Sqft Lot
$ 60,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60382277
Style Vacant Land
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50.00 x 107.00
Property Sub-Type Vacant Land
Property Description
Prime Investment opportunity located in one of Detroit's fastest developing communities. 3 Parcels for sale, 4454, 4450 & 4466 15th St. to be sold together and cannot be separated. The DLBA is looking for development of multiple homes or a small to medium multi-family structure to maximize the size of the parcels and increase density in the neighborhood Bring your plans and be part of Detroit's Revitalization. Located near Midtown, Wayne State University, Motor City Casino, Michigan Central Station Project Development,and many nearby restaurants and entertainment options. This growing and vibrant community is located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. 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.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family,Residential
Building
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Bellabay Realty Tri Counties
"Professional service to our clients & customers is our #1 priority. With offices in Marinette, Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."