Detroit, MI 48202
MLS# 20240024427
Great property for infill building located in Detroit’s bustling North End neighborhood. 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 abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Listed by Natasha C Richards · Bellabay Realty Tri Counties
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$76/mo
$3,000 down · $12,000 financed
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