Zip codes 48208 homes for sale starting at Fifty Thousand Dollars

$60,000 - Detroit, MI

4454 15Th Street Detroit, MI - Prime Investment opportunity located in one of Detroit's fastest developing communities. 3 Parcels for sale, 4454, 4450 & 4466 15th St. to be sold together and cannot be separated. The DLBA is looking for development of multiple homes or a small to medium multi-family structure to maximize the size of the parcels and increase density in the neighborhood Bring your plans and be part of Detroit's Revitalization. Located near Midtown, Wayne State University, Motor City Casino, Michigan Central Station Project Development,and many nearby restaurants and entertainment options. This growing and vibrant community is located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. 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 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.

$59,900 - Detroit, MI

3771 24Th Detroit, MI - 4 bedrooms 2 bathrooms. Needs Rehab, Nice block with new construction house. Call Listing Agent for more information. Ray 313 685-7208

$57,120 - Detroit, MI

4255 16Th Street Detroit, MI - Residential infill development opportunity in Core City. The addresses included in the sale are: 4255 and 4265 16th Street. 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.

$54,500 - Detroit, MI

5034 Vermont Street Detroit, MI - This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x130. 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 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 lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

$54,000 - Detroit, MI

4248 17Th Street Detroit, MI - Residential infill development opportunity in Core City. The addresses included in sale are: 4248 and 4254 17th Street. 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.

$53,450 - Detroit, MI

1932 W Alexandrine Street Detroit, MI - Bundled w/ 1946 Alexandrine, 4108,4116,4124 Vermont=135k. Not Sold Separately. Building should define space in meaningful way. It should be designed to complement community. Provide a diverse residential stock and density at a variety of procedure of price points, ownership types (i.e rent,own), housing types. Densities shall support opportunities for neighborhood commercial investments and jobs creation, stimulating growth in local economy. 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 and 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 abatement on the purchase and development financing. Please see attached docs to submit offer.

$52,990 - Detroit, MI

2224 Magnolia Street Detroit, MI - HIGHLY SOUGHT-AFTER NEIGHBORHOOD! THE PROPERTY IS CLOSE TO TRAIN STATION, DOWNTOWN, MIDTOWN, NEW CENTER WHERE HENRY FORD HOSPITAL IS EXPANDING & CORKTOWN WHERE FORD MOTOR CO IS EXPANDING - CORE NEIGHBORHOOD IS RAPIDLY BECOMING REVITALIZED!!!

$52,900 - Detroit, MI

2216 Magnolia Street Detroit, MI - HIGHLY SOUGHT-AFTER NEIGHBORHOOD! THE PROPERTY IS CLOSE TO TRAIN STATION, DOWNTOWN, MIDTOWN, NEW CENTER WHERE HENRY FORD HOSPITAL IS EXPANDING & CORKTOWN WHERE FORD MOTOR CO IS EXPANDING - CORE NEIGHBORHOOD IS RAPIDLY BECOMING REVITALIZED!!!

$50,000 - Detroit, MI

3978 16Th Street Detroit, MI - This vacant lot is bundled with 3984,3990,3996,and 4002 16th. A total of 5 lots. Not sold separately. Totaling= 16,663 sqft. 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 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 lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

$50,000 - Detroit, MI

4226 18Th Street Detroit, MI - This property is sold with 4200, 4206,and 4214 18th St. Not sold separately. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.

Zip codes 48208 listings for sale

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