Great infill build opportunity in Southwest Detroit. Sale includes the following addresses; 8028, 8034, 8040, 8044, 8050, 8056, 8062 Cahalan. 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.
General Information
Sale Price: $70,000
Price/SqFt:
Status: Active
MLS#: 20240024479
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: cahalans (plats)
Acres: 0.07
Lot Dimensions: 30 x 100
Size:
Acreage: 0.07 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Legal Description: N CAHALAN 269 CAHALANS SUB L19 P10 PLATS, WCR 20/181 30 X 100
