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$1,680,000
20240088061 MLS ⋅ ACTIVE Status
Annex Electrical Supply Company, Wholesale Electrical Supplies and lighting fixtures! The opportunity of a lifetime may only present itself once so don't miss this one! The Annex Electrical Suppily Company established in 1940, ten years before the location of 3774 Joy Rd., Detroit MI 48206 was built. The building and ground location is ground zero for electricians serving the metropolitan Detroit are since 1950 through the present. The total warehouse space of 7500 sq., ft. is warm and dry. The structure is well maintained and offers the promise of service and availability for decades to come. Call today for more information on this rare opportunity. hill.realtor

3774 Joy Road, Detroit
$35,000
24054924 MLS ⋅ ACTIVE Status
Rare corner lot in Detroit's iconic Boston-Edison Historic District, located on an especially attractive stretch of Edison St. Opportunities like this are uncommon in a neighborhood defined by architectural character, established homes, and long-term pride of ownership. With utilities available at the street and a prominent corner position, this property may appeal to a nearby owner seeking additional control or expansion, or to a buyer with a specific long-term vision to create a custom home in one of Detroit's most recognized historic neighborhoods. Buyer to verify zoning, lot suitability, setbacks, utility connection requirements, and all Historic District Commission requirements and approvals. This is not a simple low-cost infill play; the value is in the location, rarity, and opportunity to secure a presence in Boston-Edison.

2081 Edison Street, Detroit
$45,000
20240073612 MLS ⋅ ACTIVE Status
Great opportunity for infill housing development. Sold with 5 other lots 3727, 3735, 3743, 3761,and 3767 Longfellow totaling 25,038 sqft. Zoned R5. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.

3751 LONGFELLOW Street, Detroit
$24,000
20240028506 MLS ⋅ ACTIVE Status
Two property deal. Sold with 2373 Elmhurst. Both lots total 16,401 sqft. Property zoned as R3. 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.

2363 ELMHURST Street, Detroit
$25,000
20240027404 MLS ⋅ ACTIVE Status
This property is zoned R3.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.

11845 LA SALLE Boulevard, Detroit
$5,000
2 Beds ⋅ 1 Baths ⋅ 20240024380 MLS ⋅ ACTIVE Status
Great investment opportunity, 3 properties for the price of 1! Subject address is included as part of a 3 property bundle sale totaling $15,000. Addresses include 9021, 9031 Lawton. Close to major freeways and more! Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $5,000 per property. Sale contingent on buyer/seller executed development agreement. 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 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.

9033 LAWTON Street, Detroit
$5,000
2 Beds ⋅ 1 Baths ⋅ 20240024413 MLS ⋅ ACTIVE Status
Great investment opportunity, 3 properties for the price of 1! Subject address is included as part of a 3 property bundle sale totaling $15,000. Addresses include 9021, 9033 Lawton. Close to major freeways and more! Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $5,000 per property. Sale contingent on buyer/seller executed development agreement. 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 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.

9031 LAWTON Street, Detroit
$5,000
2 Beds ⋅ 1 Baths ⋅ 20240024415 MLS ⋅ ACTIVE Status
Great investment opportunity, 3 properties for the price of 1! Subject address is included as part of a 3 property bundle sale totaling$15,000. Addresses include 9031, 9033 Lawton. Close to major freeways and more! Homes will not be sold separately, No Exceptions!Each deed shall represent a sale price of $5,000 per property. Sale contingent on buyer/seller executed development agreement. Pleasenote that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of theproperty. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selectedpurchaser. 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 anddevelopment financing.

9021 Lawton Street, Detroit
$14,000
20240024487 MLS ⋅ ACTIVE Status
Great investment opportunity in the Dexter-Linwood area. 4 lots sold together and cannot be separated. Addresses include 2430, 2436, 2422, 2402 Elmhurst. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 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.

2430 ELMHURST Street, Detroit
$60,000
20240024491 MLS ⋅ ACTIVE Status
Get in on the action with a new infill build opportunity. 6 lots included in the sale, 3742, 3726, 3734, 3750, 3756, 3764 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.

3726 EDISON Street, Detroit
$25,000
20240024646 MLS ⋅ ACTIVE Status
Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 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.

2091 SEWARD Street, Detroit
$30,000
20240024661 MLS ⋅ ACTIVE Status
Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 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.

2105 S LA SALLE, Detroit
$30,000
20240024668 MLS ⋅ ACTIVE Status
Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 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.

2081 VIRGINIA PARK Street, Detroit
$20,000
20240024655 MLS ⋅ ACTIVE Status
Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 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.

2203 LOTHROP Street, Detroit
$60,000
20240024517 MLS ⋅ ACTIVE Status
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.

3743 EDISON Street, Detroit
$239,113
20240017265 MLS ⋅ ACTIVE Status
Welcome to the latest offering from the Detroit Land Bank Authority. Calling all developers, 14 vacant buildable lots ready for your planning ideas. Almost an entire city block. 94,338 sqft. of land. Sale includes 1627, 1635, 1643, 1669, 1741, 1713, 1689, 1657, 1641,1675,1721, 1655, 1705 Collingwood. 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. Be advised this land requires final approval of Detroit City Council prior to closing.

1749 COLLINGWOOD Street, Detroit
$9,900
20230045867 MLS ⋅ ACTIVE Status
Great opportunity on this commercial zoned vacant lot. Located a few minutes outside of Downtown Detroit and close to major expressways. 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 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.

9804 DEXTER Avenue, Detroit
$7,500
20230027357 MLS ⋅ ACTIVE Status
VACANT LAND FOR SALE. SELLER WILL LOOK AT ALL REASONABLE OFFERS. ALL INFORMATION IS ESTIMATD. BUYER TO DUE THEIR DULIGENCE. BATVAI

9549 MCQUADE Street, Detroit
$3,000
20230031088 MLS ⋅ ACTIVE Status
Vacant land opportunity in the Dexter Linwood Neighborhood. 3310, 3332, 3352, 3358, 3346, 3340, 3324 Rochester Street are included in this bundle. The total price is $19,800. 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 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.

3324 ROCHESTER Street, Detroit
$2,200
20230031056 MLS ⋅ ACTIVE Status
Vacant land opportunity in the Dexter Linwood Neighborhood. 3310, 3332, 3352, 3358, 3346, 3340, 3324 Rochester Street are included in this bundle. The total price is $19,800. 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 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.

3358 ROCHESTER Street, Detroit
$7,500
20230027362 MLS ⋅ ACTIVE Status
VACANT LAND FOR SALE. SELLER WILL LOOK AT ALL REASONABLE OFFERS. ALL INFORMATION IS ESTIMATD. BUYER TO DUE THEIR DULIGENCE. BATVAI

9541 MCQUADE Street, Detroit
$75,000
20230056943 MLS ⋅ ACTIVE Status
One of a kind location adjacent to Historic Boston Edison Neighborhood. This large parcel is zoned R-6 which allows for a variety of residential multi-family building types including condominiums, townhouses and lofts. In addition, the Detroit Land Bank is seeking proposals from developers for over 10 acres in the immediate area making this location an attractive development opportunity. The beautiful architecture of historic Sacred Heart Seminary as well as the historic homes in Boston Edison set the stage for what could be a transformative development in Detroit. Owner is a licensed real estate agent.

2637 W BOSTON Boulevard, Detroit
$10,000
4 Baths ⋅ 20230020319 MLS ⋅ ACTIVE Status
This property is sold in a bundle with 2 vacant lots 3724 and 3734 Rochester. Not sold separately. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission information.

3740 ROCHESTER Street, Detroit
$55,666
20240005926 MLS ⋅ ACTIVE Status
Welcome to the latest offering from the Detroit land Bank Authority. 5 buildable lots waiting for your development ideas. Dexter/linwood area, right on the edge of Boston Edison will make a very vibrant and useful project for the up and coming developer. Area boasts over 27,782 sqft. of buildable land. Sale includes 2735, 2715, 2703,2697 Rochester as well. In addition there are additional lots for sale on the opposite side of the street also listed with the Detroit land bank authority. 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.

2691 ROCHESTER Street, Detroit
$3,000
20230031050 MLS ⋅ ACTIVE Status
Vacant land opportunity in the Dexter Linwood Neighborhood. 3310, 3332, 3352, 3358, 3346, 3340, 3324 Rochester Street are included in this bundle. The total price is $19,800. 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 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.

3332 ROCHESTER Street, Detroit
$16,500
4 Baths ⋅ 20221068045 MLS ⋅ ACTIVE Status
Welcome to the Latest offering from the Detroit Land Bank Authority. Brick 4 unit in need of major renovation. All units contain 2 bedrooms and 1 bath. There are 2 vacant lots included with this sale. 3764 Rochester and 3748 Rochester. Show with caution, bring Flashlight. 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

3758 ROCHESTER Street, Detroit
$26,300
20240006156 MLS ⋅ ACTIVE Status
Welcome to the latest offering from the Detroit land bank authority. Single buildable lot just waiting for your development ideas. Over 13,150 sqft. of buildable space. Zoned residential and potentially could accommodate a mult-family dwelling in this space. 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.

2752 W BOSTON Boulevard, Detroit
$12,500
3 Beds ⋅ 1 Baths ⋅ 20221043259 MLS ⋅ ACTIVE Status
3 Home Bundle Sale in the Dexter-Linwood Neighborhood. 3226, 3240 and 3289 Glynn Ct included in this sale for the total price of $15,000 for all three homes. Excellent income property opportunity. Newer roof and many immediate upgrades to surrounding area. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. No Land Contracts. Buyer to have the property inspected as their is no property inspection report on file. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions. See Additional Attachments for Offer Requirements. BTVAI & Sizes.

3240 GLYNN, Detroit
$17,647
20230099129 MLS ⋅ ACTIVE Status
Welcome to the latest offering from the Detroit Land Bank authority. Three buildable lots sitting right across from the Salvation Army. These lots are just waiting for your development ideas. Sale includes 3726 and 3742 w Chicago as well. 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

3734 W CHICAGO, Detroit
$2,200
20230031052 MLS ⋅ ACTIVE Status
Vacant land opportunity in the Dexter Linwood Neighborhood. 3310, 3332, 3352, 3358, 3346, 3340, 3324 Rochester Street are included in this bundle. The total price is $19,800. 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 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.

3352 ROCHESTER Street, Detroit