35 EDISON Street, Detroit, MI 48202 - MLS#20230054342

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$85,000

Est. payment - /mo

0.66 Acres Lot

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UPDATED:

10/17/2024 02:04 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Voigt Park Sub (Plats)

MLS Listing ID 20230054342

Originating Board Realcomp II Ltd

Lot Size 0.660 Acres

Acres 0.66

Lot Dimensions 144 x 200

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. Calling all developers! Over 28,000 square feet of vacant land in the heart of historic "Boston Edison" District. Huge 144 x 200 sqft. space zoned residential, just a stone's throw from New center and mere minutes from downtown. 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 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

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction Woodward south past chicago to edison go west

Exterior

Road Frontage Paved

Building

Sewer Sewer at Street

Water Water at Street

Schools

School District Detroit

Others

Tax ID 02001696.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash, Quit Claims Deed

Listing Terms Cash, Quit Claims Deed

Financing Cash,Quit Claims Deed

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Listed by Gene Kelley II of Real Estate One-Southfield

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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