$5,500 for Sale

12947 mcnichols road, detroit, MI 48205

Property Description
Looking for that perfect small/medium infill project in the Von Steuben Community? 2 lots included, 12947 & 12937 E. McNichols, 8,780 square feet total. 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 deterrmined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
General Information
Sale Price: $5,500
Price/SqFt:
Status: Active
MLS#: 20240071515
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: gitre park
Acres: 0.11
Lot Dimensions: 45.00 x 110.00
Size:
Acreage: 0.11 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  N--E MC NICHOLS RD E 8 FT 114 115 GITRE PARK SUB L34 P100 PLATS, W C R 21/448 45.17 X 110


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Natasha C Richards of Bellabay Realty Tri Counties, Phone: (248) 274-6614
810-577-3146 Call Ryan Scully for more information about this property.

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