MLS Public Remarks Welcome to the latest offering from the Detroit Land Bank Authority. 4 buildable lots in the quickly growing islandview neighborhood. The lots are surrounded by a swath of new construction waiting for your development ideas. The sale includes 1774, 1768 and 1762 Townsend. 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. More specifically they would like to see small scale multi-families and duplexes. 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 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.
http://gkelley.realestateone.com/20230083441
Township Detroit
Directions E Grand blvd South to Kercheval go east to Townsend go south
Fin Below Grd SqFt 0
Total Fin SqFt 0
Unfinished SqFt 0
Above Grade Finished SqFt 0
Lower Level Square Footage 0
CDOM 166
Year Built 0
Days on Market 166
Land Assessment -
Improvements $40502
Acreage 0.14
Taxes -
Tax Year -
Summer Taxes -
School District Detroit
Winter Taxes -
Subdivision Moses W Fields Sub L8 P37 (plats)
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.14
Lot Dimensions 60 x 100
WaterFrontage
0
Lot Size 0.14
Garage 0.0
Sewer Sewer at Street
Zoning Residential
Possession At Close
Status Change Date 12/06/2023
Listing Date 09/30/2023
Internet/IDX Y
Co-Listing Agent Name Patricia Phillips, ABR, GRI, SRES, AWD, C2EX
Listing Office
Southfield
Office Address
26261 Evergreen Rd.
Listing Number
20230083441
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