Detroit, MI 48208,4293 16TH Street
Detroit, MI 48208,4293 16TH Street
Detroit, MI 48208,4293 16TH Street
Detroit, MI 48208,4293 16TH Street
Detroit, MI 48208,4293 16TH Street
Detroit, MI 48208,4293 16TH Street
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$ 20,415
Est. payment | /mo

3,484 Sqft Lot


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$ 20,415
Est. payment | /mo
Save

3,484 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Sub Of Pc 44 (Also Pg 3) (Deeds)

MLS Listing ID 20230021685

Originating Board Realcomp II Ltd

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 29.00 x 120.00

Property Description

Welcome to the latest offering from the Detroit Land Bank authority. Vacant buildable lot in the Cork Town area. 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

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Residential

Direction I-94 e to W. Grand river ave go south to Buchanan, go west to 16th st

Exterior

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID W10I006361S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash, Quit Claims Deed

Listing Terms Cash, Quit Claims Deed

Financing Cash,Quit Claims Deed

Realcomp MLS
Listed by Gene Kelley II of Real Estate One-Southfield
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4293 16TH Street