Welcome to the latest offering from the Detroit Land Bank Authority
Single buildable lot in the much sought after Island view community.
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 Detroit’s Planning and Development Department for additional context about the neighborhood
At this time the DLBA is looking for Townhomes and Duplexes. Ideally if the buyer owns the adjacent parcel then it would be ideal.
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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
984 days
|
18
|
1
|
Zillow last checked:
Listing updated:
Listed by:
Gene Kelley II248-723-0055,
Real Estate One-Southfield248-723-0055,
Patricia A Phillips248-723-0059,
Real Estate One-Southfield
Source: Realcomp II,MLS#: 20230101671
Facts & features
Interior
Features
Has basement: No
Has fireplace: No
Property
Lot
Size: 4,356 Square Feet
Dimensions: 45 x 100
Details
Parcel number: 170116145
Zoning description: Residential
Special conditions: Government Owned,Short Sale No