This vacant lot is bundled with 589, 577, and 595 Leicester. A total of 4 lots. Not sold separately. Totaling= 14,032 sqft. 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… Read More 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 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. BATVAI Please see attached documents for DLBA requirements. 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
0.08 Acres
MLS Number
20261024057
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: 0.08, Lot size dimensions: 30X117
Property
Property type: Vacant Land, Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
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