3560 16th Street
Detroit,
MI
48208
Property Details
| List Price: |
$8,500 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
BellaBay Realty Tri-Counties |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
Lots And Land |
| Year Built: |
-- |
| Notes: |
Great build opportunity located within walking distance of Detroit's Corktown, social district, and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! 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 Detroits 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. |
| MlsNumber: |
24001457 |
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| Listing Provided By: |
BellaBay Realty Tri-Counties, original listing |
| Name: |
BellaBay Realty Tri-Counties |
| Phone: |
(248) 274-6614 |
| Office Name: |
BellaBay Realty Tri-Counties |
| Office Phone: |
(248) 274-6614 |
| Agent Name: |
Natasha Richards |
| Disclaimer: |
Copyright © 2024 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
