$15,000 for Sale
625 custer, detroit, MI 48202
Property Description
Great property for infill building located in Detroit’s bustling North End neighborhood. 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.
General Information
Sale Price: $15,000
Price/SqFt:
Status: Active
MLS#: rcomi60301187
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: wm. y. hamlin & s. j. browns sub (plats)
Acres: 0.05
Lot Dimensions: 30 x 65
Size:
Acreage: 0.05 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