$40,000 for Sale
1830 w grand, detroit, MI 48208
Property Description
Sold with 1832, 1840, W Grand Blvd, and 3934,3940 Moore Pl. All 5 lots total= 25,888 sqft. Not sold separately. 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 lie
General Information
Sale Price: $40,000
Price/SqFt:
Status: Active
MLS#: rcomi60286153
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: scovels (plats)
Acres: 0.12
Lot Dimensions: 50.00 x 105.00
Size:
Acreage: 0.12 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Information provided by East Central Association of REALTORS
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Listing By: Leonard Pickett of RCH Brokerage Legacy Inc, Phone: 248-440-2268