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Listed price in listed location currency (USD).
$8,500

010

MLS® 20240024998

Overview

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes 
Days Active 699
Lot Size 0.1 acres
Approx. Age 
MLS® Number 20240024998

Property Address: 3560 16th St, Detroit, MI, 48208-2651

Average square foot calculated using Size range provided by listing agent.

Description

Great build opportunity located within walking distance of Detroit's Corktown, social district, and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! 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 Detroits 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.
MLS® Number20240024998
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 18, 2024List Date
$8,500List Price

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