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Detroit, MI Learn More About Detroit

48208 Market info

$39,900

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  • 0.42 Acres
  • MLS# 20240007648
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Vacant Land located in the Woodbridge neighborhood. Addresses included in subject listing are: 5173 Wabash, 5167 Wabash, 5159 Wabash. Lots are each approximately .14 acres each. Total purchase price is $39,900. 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. Please 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.

Property Information

Status
Active 
Address
5173 Wabash Street 
City
Detroit 
Zip
48208 
Lot Size
0.42 
Lot Dimensions:
irregular 
Zoning
Residential
Water
Public (Municipal), Water at Street 
Listing Date
02/14/2024 
Subdivision
Plat Of Godfroy Farm (plats) 
County
Wayne 

School Information

School District
Detroit 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20240007648 Active Feb 14 2024 3:08PM $39,900 72
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Keller Williams Realty-Great Lakes
(586) 541-4000
Office Address 28220 Harper

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5173 Wabash Street Detroit
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$39,900
For Sale • Acres: 0.42 • School District: Detroit