MLS Public Remarks This property is sold as a bundle of 8 with 4253, 4233, 4239 , 4245,4265 Mt Elliot, totaling= 23,749 sqft and 3730, 3722 E Canfield totaling=5401 sqft. Not sold separately. Property zoned R3. Great for experienced investors. 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 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 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. BATVAI. Please see attached documents for DLBA guidelines.
http://www.www.realestateone.com.com/20230047631
Township Detroit
Directions Take Gratiot north make left onto Mount Elliot. Make left onto Canfield. Property is on left corner.
Fin Below Grd SqFt 0
Total Fin SqFt 0
Unfinished SqFt 0
Above Grade Finished SqFt 0
Lower Level Square Footage 0
CDOM 322
Year Built 0
Days on Market 322
Land Assessment -
Improvements $58300
Acreage 0.07
Taxes -
Tax Year -
Summer Taxes -
School District Detroit
Winter Taxes -
Subdivision Schmidts Traugott Sub Of A Portion Of The Leib Fr
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.07
Lot Dimensions 30 x 102
WaterFrontage
0
Lot Size 0.07
Garage 0.0
Sewer Public Sewer (Sewer-Sanitary)
Zoning Residential
Possession At Close
Status Change Date 06/20/2023
Listing Date 06/20/2023
Internet/IDX Y
Co-Listing Agent Name Clarence Wilson
Listing Office
Rch Brokerage Legacy Inc
Office Address
21411 Civic Center Dr Ste 2200
Listing Number
20230047631
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Wednesday, May 8, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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