2005 POPLAR Street Active

Detroit,MI 48208 2610

$ 7000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60283859

Style Vacant Land

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 30 x 82

Property Description

2 vacant land parcels in CORE CITY! Total of 0.12 acres. 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 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. LOTS WILL NOT BE SOLD SEPARATELY. Addresses are: 2005 Poplar & 2007 Poplar. Total of 0.12 acres. Bundle price is $7,000

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Building

Water Public Water at Street

Schools

School District Detroit City School District

Others

Ownership Government Owned

Financing Cash,Conventional

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