Photo 1 of 1925 MERRICK Street, Detroit MI

For Sale

1925 MERRICK StreetDetroit, MI 48208

$19,900

Listing courtesy of Bellabay Realty Tri Counties

Baths

About

This Home

Looking for a new build infill opportunity in the thriving Woodbridge community close to downtown? 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.

Details

Property Type: Land
Style: Unimproved Land
Lot Size: 0.06 acres
Heating: None
Cooling: None
MLS #: 20250022276

About Detroit

Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.

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Gallery

Photo 2 of 1925 MERRICK Street, Detroit MI

Photo 3 of 1925 MERRICK Street, Detroit MI

Listing courtesy of Bellabay Realty Tri Counties. MLS # 20250022276. Information is deemed reliable but not guaranteed and should be independently verified.

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