$45,000 for Sale

14405 manning street, detroit, MI 48205

Property Description
This vacant lot is bundled with14443,14411,14439,14433,14425, and 14417 Manning. A total of 7 lots. Not sold separately. Totaling=29,499 sqft. 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.
General Information
Sale Price: $45,000
Price/SqFt:
Status: Active
MLS#: 20230006882
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: gratiot lawn
Acres: 0.09
Lot Dimensions: 35.00 x 110.00
Size:
Acreage: 0.09 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  N MANNING 238 GRATIOT LAWN SUB L38 P81 PLATS, W C R 21/827 35 X 110


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Leonard A Pickett III of RCH Brokerage Legacy Inc, Phone: (248) 440-2268
810-577-3146 Call Ryan Scully for more information about this property.

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