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Detroit, MI, 48208 • Core City • Wayne County
0.1 acLot
ALEXANDRINE STANTONS SUB L5 P10 (PLATS)
Core City
This home is getting attention
Listed 32 days ago · 41 views · 2 saves
Demand and pricing signals for this listing
41 views
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2 saves
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32 days on market
Established listing
This home ranks in the top 36% of listings most likely to go under contract soon, based on market activity and demand signals.
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Lot
This vacant lot is bundled with 2517,2525 Poplar and 4005 Bagley. A total of 4 lots. Not sold separately. Totaling= 9,887 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.
Based on current rates
Est. 6.75% rate · 30yr fixed · $24,000 loan
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Market data and value estimates
2 schools rated nearby
Detroit, MI, 48208
6 events
11 years of records
Local context around this listing
Detroit, MI • Wayne County
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