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$99,000
For Sale

Active: 5287 STANTON Street, Detroit, MI 48208

0 Bed   |   0 Bath

Key Details

Type

Land

Lot Size

0.1 acres

MLS #

24000616

Home Description

Great development opportunity in the New Center Area. 3 lots to be sold together, 5287 Stanton, 2525 Edsel Ford, 5278 Stanton. Lots cannot be separated. 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

Features & More

Exterior & Building

Architectural Style Other
Roof Type Unknown

Nearby Schools

Schools provided by the listing agent

School info is currently unavailable from the MLS. Check back soon for updates.

Location

  • Nearby Neighborhoods: Wayne County - 100
  • Subdivision: More Than One Subdivision Involved
  • County: Wayne
Listing Courtesy of Natasha Richards at BellaBay Realty Tri-Counties 248-274-6614
Source: Listhub.com

MLS 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.
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