This property is sold as a bundle of 5, with 1270, 1264 ,1260, 1278 Crawford totaling= 18,298 sqft. Not sold separately. Property zoned at R2.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 abatement 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 abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines.
General Information
Sale Price: $20,000
Price/SqFt:
Status: Active
MLS#: 20240072237
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: kennedys sub of lots 31 & 32 (plats)
Acres: 0.08
Lot Dimensions: 30 x 122
Size:
Acreage: 0.08 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: E CRAWFORD 35 KENNEDYS SUB L22 P43 PLATS, W C R 18/262 30 X 122
