Detroit, MI 48206
MLS# 20240073612
Great opportunity for infill housing development. Sold with 5 other lots 3727, 3735, 3743, 3761,and 3767 Longfellow totaling 25,038 sqft. Zoned R5. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
Listed by Leonard A Pickett · RCH Brokerage Legacy Inc
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$228/mo
$9,000 down · $36,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.