2776-2814 25th Street Detroit, MI 48216 MLS# 20221033505 Active
MLS# 20221033505
Active
  

$30,000
View On Website
 Property Type Vacant Land
 Parcel # W12I009200S
 County Wayne
MLS Public Remarks  Vacant Land. This is a bundled sale with lots 2776, 2784, 2790, 2796, 2800, 2808, 2814 25th St. 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. 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 to waive its right to the tax capture for purchasers seeking such tax abatements for a payment in addition to the purchase price. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The waiver may be granted at closing or any time thereafter upon payment by purchaser.
http://www.www.realestateone.com.com/20221033505
AGENT/COMPANY DETAILS  
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Phone: 248-304-6700
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LOCATION  
  • Township  Detroit
  • Directions  Located South of Michigan Avenue
  • HOUSE DESCRIPTION  
  • Fin Below Grd SqFt  0
  • Total Fin SqFt  0
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  0
  • Lower Level Square Footage  0
  • CDOM  611
  • Year Built  0
  • Days on Market  611
  • ASSESSMENT/SCHOOLS   
  • Land Assessment  -
  • Improvements  $30000
  • Acreage  0.49
  • Taxes  -
  • Tax Year  -
  • Summer Taxes  -
  • School District  Detroit
  • Winter Taxes  -
  • LOT DESCRIPTION  
  • Subdivision  B Briscoes Sub (plats)
  • Lower Level Square Footage  0
  • Waterview  N
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  0.49
  • Lot Dimensions  237.00 x 105.00
  • WaterFrontage   0
  • Lot Size  0.49
  • INTERIOR FEATURES  
  • Water  Water at Street
  • EXTERIOR FEATURES  
  • Garage  0.0
  • Sewer  Sewer at Street
  • Zoning  Residential, Site Plan Condo
  • Possession  At Close
  • DETAILS  
  • Status Change Date  08/29/2022
  • Listing Date  08/29/2022
  • Internet/IDX  Y
  • LISTING OFFICE DETAILS  
  • Listing Office   Premier Property Services Llc
  • Office Address   19822 Mack Avenue
  • Listing Number   20221033505



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