Trustrealtyhomes.com Search Results

Nice sized buildable land in Islandview in the vibrant and growing Villages neighborhood. Low Income Housing Income Tax Potential – According to the U.S. Housing and Urban Development website, this property is located in a Qualified Tract Zone, which allows for an additional 30% of low income housing credits, in addition to the 9% credit on qualified development costs. Buyer to Verify Zoning - The property is zoned R5, which allows for apartments/affordable housing to be constructed. Also, R5 zoning may allow for certain specified non-residential uses, as long as those uses can be blended into the district. So, for example, the first floor of a building could be rented out to businesses such as convenience stores, gyms, hair/nail salon, and other businesses which directly support residents.

20240050145 MLS ⋅ ACTIVE Status

Nice sized buildable land in Islandview in the vibrant and growing Villages neighborhood. Low Income Housing Income Tax Potential – According to the U.S. Housing and Urban Development website, this property is located in a Qualified Tract Zone, which allows for an additional 30% of low income housing credits, in addition to the 9% credit on qualified development costs. Buyer to Verify Zoning - The property is zoned R5, which allows for apartments/affordable housing to be constructed. Also, R5 zoning may allow for certain specified non-residential uses, as long as those uses can be blended into the district. So, for example, the first floor of a building could be rented out to businesses such as convenience stores, gyms, hair/nail salon, and other businesses which directly support residents.

7320 E LAFAYETTE Street, Detroit

$11,750

Vacant Land, Islandview, privately owned, adjacent to vacant land bank property.

20240051247 MLS ⋅ ACTIVE Status

Vacant Land, Islandview, privately owned, adjacent to vacant land bank property.

2565 BALDWIN Street, Detroit

$14,900

THIS BUNDLE INCLUDES 4822 SHERIDAN, 4834 SHERIDAN, 4830 SHERIDAN, AND 4816 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $14,900. Check out this latest offering from the Detroit Land Bank Authority located within the Gratiot-Grand neighborhood. These lots are located directly across the street from Dueweke Park. Please 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.

20240040984 MLS ⋅ ACTIVE Status

THIS BUNDLE INCLUDES 4822 SHERIDAN, 4834 SHERIDAN, 4830 SHERIDAN, AND 4816 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $14,900. Check out this latest offering from the Detroit Land Bank Authority located within the Gratiot-Grand neighborhood. These lots are located directly across the street from Dueweke Park. Please 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.

4822 SHERIDAN Street, Detroit

$14,900

THIS BUNDLE INCLUDES 4804 SHERIDAN, 4798 SHERIDAN, 4792 SHERIDAN, AND 4810 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $14,900. Check out this latest offering from the Detroit Land Bank Authority located within the Gratiot-Grand neighborhood. These lots are located directly across the street from Dueweke Park. Please 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.

20240040931 MLS ⋅ ACTIVE Status

THIS BUNDLE INCLUDES 4804 SHERIDAN, 4798 SHERIDAN, 4792 SHERIDAN, AND 4810 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $14,900. Check out this latest offering from the Detroit Land Bank Authority located within the Gratiot-Grand neighborhood. These lots are located directly across the street from Dueweke Park. Please 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.

4804 SHERIDAN Street, Detroit

$20,000

THIS BUNDLE INCLUDES 2939 SHERIDAN, 2945 SHERIDAN, 2951 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000. Check out this latest offering from the Detroit Land Bank Authority located at Kerchaeval Avenue and E Grand Blvd in the Islandview neighborhood. This THREE lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey Academy, Please 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.

20240026555 MLS ⋅ ACTIVE Status

THIS BUNDLE INCLUDES 2939 SHERIDAN, 2945 SHERIDAN, 2951 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000. Check out this latest offering from the Detroit Land Bank Authority located at Kerchaeval Avenue and E Grand Blvd in the Islandview neighborhood. This THREE lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey Academy, Please 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.

2939 SHERIDAN Street, Detroit

$20,000

THIS BUNDLE INCLUDES 3432 BEALS, 3442 BEALS, 3448 BEALS, 3456 BEALS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000.00.Check out this latest offering from the Detroit Land Bank Authority located in the heart of Islandview neighborhood. This FOUR lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey academy. Please 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.

20240026515 MLS ⋅ ACTIVE Status

THIS BUNDLE INCLUDES 3432 BEALS, 3442 BEALS, 3448 BEALS, 3456 BEALS AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000.00.Check out this latest offering from the Detroit Land Bank Authority located in the heart of Islandview neighborhood. This FOUR lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey academy. Please 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.

3432 BEALS Street, Detroit

$12,000

An awesome opportunity to develop land right in the Historic Island View/Greater Villages neighborhoods. This lot is sold in a bundle of 3 vacant lots with 2483 and 2495 Van Dyke. Totaling 9,817 sqft. Not sold separately. Zoned R2. Within walking distance to West Village shops, restaurants, Biergarten, and Belle Isle. Please 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. Please see attached documents for DLBA requirements and offer submission information.

20240028568 MLS ⋅ ACTIVE Status

An awesome opportunity to develop land right in the Historic Island View/Greater Villages neighborhoods. This lot is sold in a bundle of 3 vacant lots with 2483 and 2495 Van Dyke. Totaling 9,817 sqft. Not sold separately. Zoned R2. Within walking distance to West Village shops, restaurants, Biergarten, and Belle Isle. Please 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. Please see attached documents for DLBA requirements and offer submission information.

2489 VAN DYKE Street, Detroit

$50,000

Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). 5 lots include 3021, 3027, 3011, 3017, 3035 Beals. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLIMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TOAPPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

20240024976 MLS ⋅ ACTIVE Status

Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). 5 lots include 3021, 3027, 3011, 3017, 3035 Beals. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLIMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TOAPPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

3021 BEALS Street, Detroit

$20,000

Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). Sale includes 2480 & 2486 Sheridan. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TOAPPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

20240024972 MLS ⋅ ACTIVE Status

Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). Sale includes 2480 & 2486 Sheridan. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TOAPPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

2480 SHERIDAN Street, Detroit

$40,000

30 x 110 foot lot adjacent to West Village and Indian Village. Build your dream home here or an investment property. Zoning is R1Sold AS IS BATVAI

20240023029 MLS ⋅ ACTIVE Status

30 x 110 foot lot adjacent to West Village and Indian Village. Build your dream home here or an investment property. Zoning is R1Sold AS IS BATVAI

2415 MAXWELL Street, Detroit

$10,000

This lot is sold with 3059 Sheridan. Together= 6,625 sqft. Not sold separately. Zoned R2. An awesome opportunity to buy land right in the historic Island view neighborhood. This location is prime for development, located within walking distance to west village shops, restaurants, and Belle Isle. 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. BATVAI 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 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. Please see attached documents for DLBA requirements and offer submission information.

20240017189 MLS ⋅ ACTIVE Status

This lot is sold with 3059 Sheridan. Together= 6,625 sqft. Not sold separately. Zoned R2. An awesome opportunity to buy land right in the historic Island view neighborhood. This location is prime for development, located within walking distance to west village shops, restaurants, and Belle Isle. 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. BATVAI 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 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. Please see attached documents for DLBA requirements and offer submission information.

3065 SHERIDAN Street, Detroit

$7,799

Welcome to the latest offering from the Detroit Land Bank Authority. 5 buildable lots located in the highly sought after Islandview community. 2932, 2938,2944,2950 Sheridan also included in the sale. 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.The DLBA is looking for Single family, two family, duplex, townhomes, Rear access Garages.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.

20230101178 MLS ⋅ ACTIVE Status

Welcome to the latest offering from the Detroit Land Bank Authority. 5 buildable lots located in the highly sought after Islandview community. 2932, 2938,2944,2950 Sheridan also included in the sale. 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.The DLBA is looking for Single family, two family, duplex, townhomes, Rear access Garages.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.

2926 SHERIDAN Street, Detroit

$5,881

Welcome to the latest offering from the Detroit Land Bank AuthoritySingle buildable lot in the much sought after Island view community. 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 neighborhoodAt this time the DLBA is looking for Townhomes and Duplexes. Ideally if the buyer owns the adjacent parcel then it would be ideal. 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.

20230101671 MLS ⋅ ACTIVE Status

Welcome to the latest offering from the Detroit Land Bank AuthoritySingle buildable lot in the much sought after Island view community. 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 neighborhoodAt this time the DLBA is looking for Townhomes and Duplexes. Ideally if the buyer owns the adjacent parcel then it would be ideal. 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.

3523 BALDWIN Street, Detroit

$6,500

Welcome to the latest offering from the Detroit Land Bank Authority. 5 vacant lots in the middle of the block just waiting for your development ideas. Sale also includes 3812, 3800, 3794 and 3788 Belvidere. All lots are contiguous. 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

20221069872 MLS ⋅ ACTIVE Status

Welcome to the latest offering from the Detroit Land Bank Authority. 5 vacant lots in the middle of the block just waiting for your development ideas. Sale also includes 3812, 3800, 3794 and 3788 Belvidere. All lots are contiguous. 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

3806 BELVIDERE Street, Detroit

$12,609

Welcome to the latest offering from the Detroit Land Bank Authority. 2 buildable lots ready for your development ideas. 2413 Baldwin included in the sale. 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.DLBA is looking for Single Family, Two-family, Duplexes and Townhomes on this site. 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.

20230101173 MLS ⋅ ACTIVE Status

Welcome to the latest offering from the Detroit Land Bank Authority. 2 buildable lots ready for your development ideas. 2413 Baldwin included in the sale. 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.DLBA is looking for Single Family, Two-family, Duplexes and Townhomes on this site. 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.

2401 BALDWIN Street, Detroit

How much is your home worth?

How much is your home worth?