• 13430 Fenkell Street Detroit, Michigan 48227

  • $10,000
  • 0
    Sq Ft
  • 0.2
    Acre

Property zoned as B2. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). Note that the DLBA 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

Property Type :

Vacant Land

County :

Wayne

Style :

Vacant Land

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Property Details

 

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Lot Information

Lot Size: 0.20

Lot Dimensions: 86 x 100

Frontage Feet: 86

Property Information

Subdivision: GLENCRAFT (PLATS)

Financing: Cash

Listing Price Information

Original List Price: $10,000

Listing Information

Possession: At Close

Legal Description: N FENKELL 27 THRU 24 GLENCRAFT SUB L35 P50 PLATS, W C R 22/113 86 X 100

Tax Information

Parcel Number: 220115024

Possession

At Close

Legal Information

Legal Description: Section: N FENKELL 27 THRU 24 GLENCRAFT SUB L35 P50 PLATS, W C R 22/113 86 X 100

School Information

School District: Detroit

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

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14538 Marlowe Street , Detroit, MI,48227 $41,400 3 1 1,248 0.08 Acre
12850 Hubbell Street , Detroit, MI,48227 $30,749 4 1.5 1,591 0.09 Acre
11339 Abington Avenue , Detroit, MI,48227 $99,900 3 1 916 0.1 Acre
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 04/29/2024 @ 17:01

MLS: 590772921
LISTED BY: Leonard A Pickett III , RCH Brokerage Legacy Inc
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: $1000
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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