$8,000 for Sale
3525 porter, detroit, MI 48216
Property Description
Great build opportunity located in the heart of Mexicantown, and close Detroit's Corktown, social district, and the newly renovated Ford train station. 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 purch
General Information
Sale Price: $8,000
Price/SqFt:
Status: Active
MLS#: rcomi60301188
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: catherine b hubbards (plats)
Acres: 0.06
Lot Dimensions: 29 x 85
Size:
Acreage: 0.06 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: Natasha Richards of Bellabay Realty Tri Counties, Phone: 248-274-6614