Thank you
Gene Kelley Ii
Real Estate One-Southfield
248-723-0055
Welcome to the latest offering from the Detroit Land Bank Authority. 3 Buildable lots in the Woodbridge area waiting for your development ideas. Sale includes 5129 and 5119 Vermont as well. Over 16,000 sqft of buildable area. In addition, the Detroit Land bank has additional parcels available nearby to potentially add to a project. 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
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Sewer: Sewer at Street
Water at Street
Lot Size: 0.10
Lot Dimensions: 33 x 130
Frontage Feet: 33
Subdivision: LAFFERTY FARM SUB OF BLKS 7 THRU 12 OL2 (PLATS)
Financing: Cash,Quit Claims Deed
Original List Price: $27,108
Possession: At Close
Legal Description: W VERMONT N 33 FT 40 BLK 9 SUB OF BLKS 7, 8, 9, 10, 11 & 12 O L 2 LAFFERTY FARM L1 P281 PLATS, W C R 8/104 33 X 130
Parcel Number: 08008557.
At Close
Legal Description: Section: W VERMONT N 33 FT 40 BLK 9 SUB OF BLKS 7, 8, 9, 10, 11 & 12 O L 2 LAFFERTY FARM L1 P281 PLATS, W C R 8/104 33 X 130
Road Frontage: Paved
School District: Detroit
Water:Water at Street
Sewer:Sewer at Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
4443 Trumbull , Detroit, MI,48208 | $349,000 | -- | -- | -- | 0.48 Acre |
2645 Ferry Park Street , Detroit, MI,48208 | $9,000 | -- | -- | -- | 0.11 Acre |
4463 23rd Street , Detroit, MI,48208 | $99,000 | 4 | 2 | 1,545 | -- |
3408 Cochrane Street #7, Detroit, MI,48208 | $499,750 | 2 | 2.5 | 1,575 | -- |
3408 Cochrane Street #1, Detroit, MI,48208 | $488,750 | 3 | 2.5 | 1,585 | -- |
4226 18th Street , Detroit, MI,48208 | $60,000 | 3 | 1.5 | 1,565 | 0.21 Acre |
3330 14th Street , Detroit, MI,48208 | $28,000 | -- | -- | -- | 0.07 Acre |
4200 Lawton Street , Detroit, MI,48208 | $75,000 | -- | -- | -- | 0.08 Acre |
2739 Buchanan Street , Detroit, MI,48208 | $150,000 | -- | -- | -- | 0.06 Acre |
3932 18th Street , Detroit, MI,48208 | $150,000 | -- | -- | -- | 0.1 Acre |
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 05/09/2024 @ 17:15
MLS: 600736644
LISTED BY: Gene Kelley II , Real Estate One-Southfield
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.