$60,000 for Sale

3743 edison street, detroit, MI 48206

Property Description
Get in on the action with a new infill build opportunity. 6 lots included in the sale, 3743, 3751, 3761, 3767, 3775, 3785 Edison. 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: $60,000
Price/SqFt:
Status: Active
MLS#: 20240024517
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: more than one subdivision involved
Acres: 0.1
Lot Dimensions: 41 x 111
Size:
Acreage: 0.1 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  S EDISON 99 MC QUADES DEXTER BLVD SUB L35 P5 PLATS, W C R 14/184 ALSO W 41 FT OF E 239 FT OF N 50 FT OF 1/4 SEC 32, TTAT LYG W & ADJ DEXTER S & ADJ SD LOT 14/--- 41 X 111


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: Natasha C Richards of Bellabay Realty Tri Counties, Phone: (248) 274-6614
248-730-3700 Call Bill Wahlstrom for more information about this property.

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248-730-3700