Located in Detroit's North End area. This lot is sold with 306 Melbourne. Both lots totaling= 8,800 sqft. Not sold separately. 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… Read More walkability. Interested buyers should consult DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). Note that 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 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 abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info. Please so not submit using REMIND. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of RCH Brokerage Legacy Inc.
Listing Snapshot
Days Online
34
Last Updated
Property Type
Vacant Land
Lot Size
0.1 Acres
MLS Number
20261023954
30 Days Snapshot Of 48202
$146k
+30%
(avg) sold price
15
+66%
homes sold
105
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Water Features
Public (Municipal)
Lot
Lot size area: 0.10, Lot size dimensions: 40X110
Property
Property type: Vacant Land, Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Confirm your time
Fill in your details and we will contact you to confirm a time.