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://latoyagreen.realestateone.com/20230083441

AGENT/COMPANY DETAILS  

LOCATION  

Township  Detroit

Directions  E Grand blvd South to Kercheval go east to Townsend go south

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  165

Year Built  0

Days on Market  165

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  $40502

Acreage  0.14

Taxes  -

Tax Year  -

Summer Taxes  -

School District  Detroit

Winter Taxes  -

LOT DESCRIPTION  

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

INTERIOR FEATURES  

Water  Water at Street

EXTERIOR FEATURES  

Garage  0.0

Sewer  Sewer at Street

Zoning  Residential

Possession  At Close

DETAILS  

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 DETAILS  

Listing Office   Southfield

Office Address   26261 Evergreen Rd.

Listing Number   20230083441

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Thursday, May 16, 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.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.