5224 Linwood Street
Detroit,
MI
48208
Property Details
| List Price: |
$49,500 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
Bellabay Realty Tri-Counties |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
Lots And Land |
| Year Built: |
-- |
| Notes: |
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 30x151.56. 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. |
| MlsNumber: |
20240024964 |
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| Listing Provided By: |
Bellabay Realty Tri-Counties, original listing |
| Name: |
Bellabay Realty Tri-Counties |
| Phone: |
(248) 274-6614 |
| Office Name: |
Bellabay Realty Tri Counties |
| Office Phone: |
(248) 274-6614 |
| Agent Name: |
Natasha C Richards |
| Disclaimer: |
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
