$73,214

537 Jefferson , Detroit, MI 48207

 
Bedrooms:0 beds
Bathrooms:0 baths
Land:0 sqft
Lot:0.02
Year Built:--
Listing Status:Active

Listing Agent

Gene Kelley Ii
http://www.realestateone.com/gkelley
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Welcome to the latest offering from the Detroit Land Bank Authority. Over 12,000 sqft. of vacant land perfect for your new development ideas. Located in the Islandview subdivison. Total property consists of 7 total lots and is designated SD4. Sale includes: 499, 527, 535,521,505, and 515 Jefferson ct. 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

Detailed Items

Other Information

537 Jefferson, Detroit, MI, 48207 is a land listing of 0 sqft on a lot of 0.02. This land listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property537 Jefferson, Detroit, MI
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