For Sale

3560 16TH StreetDetroit, MI 48208

$8,500

Listing courtesy of Bellabay Realty Tri Counties

Baths

About

This Home

Great build opportunity located within walking distance of Detroit's Corktown, social district, and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! 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 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 Detroits 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 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.

Details

Property Type: Land
Style: ImprovedLand
Lot Size: 0.1 acres
Garage Spaces: 0
Heating: None
Cooling: None
MLS #: 20240024998

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

Listing courtesy of Bellabay Realty Tri Counties. MLS # 20240024998. Information is deemed reliable but not guaranteed and should be independently verified.

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