$58,439 for Sale

13291 sparling street, hamtramck, MI 48212

Property Description
Welcome to the latest offering from the Detroit land bank authority. 3 buildable lots in the Buffalo/Charles area on the border of Hamtramck. Sale includes 13285 and 13277 Sparling. 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.
General Information
Sale Price: $58,439
Price/SqFt:
Status: Active
MLS#: 20240062384
City: hamtramck
Post Office: hamtramck
Schools: detroit
County: Wayne
Subdivision: bayers charles ave (plats )
Acres: 0.08
Lot Dimensions: 35 x 100
Size:
Acreage: 0.08 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  W SPARLING 46 BAYERS CHARLES AVE L45 P17 PLATS, W C R 13/282 34.56 X 100


Information provided by East Central Association of REALTORS® Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055
248-730-3700 Call Bill Wahlstrom for more information about this property.

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248-730-3700