MI > Wayne > Detroit > 503 Lakewood Street
  • 0.12 Acres
  • MLS# 20240043034
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248-304-6700

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248-208-3883

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Great property for infill building located in the Jefferson Chalmers NEZ site. Buyer must submit an app to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. This property is within walking distance to the Q-Line and New Center Area. 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. Please see attached documents for DLBA requirements and offer submission information. BATVAI

Property Information

Status
Pending 
Address
503 Lakewood Street 
City
Detroit 
Zip
48215 
Lot Size
0.12 
Lot Dimensions:
40 x 130 
Zoning
Residential
Water
Public (Municipal) 
Listing Date
06/24/2024 
List Price
$10,000
Subdivision
Lakewood Blvd Addition (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
20240043034 Pending Active Dec 19 2024 12:36PM 178
20240043034 Active Jun 24 2024 3:44PM $10,000 178
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, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of Rch Brokerage Legacy Inc
(248) 440-2268
Office Address 21411 Civic Center Dr Ste 2200

503 Lakewood Street Detroit
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$10,000
For Sale • Acres: 0.12 • School District: Detroit