$22,500 for Sale
5709 vermont, detroit, MI 48208
Property Description
Great residential infill opportunity close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. 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
General Information
Sale Price: $22,500
Price/SqFt:
Status: Active
MLS#: rcomi60381668
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: mc millans jas edensor
Acres: 0.19
Lot Dimensions: 64 x 129
Size:
Acreage: 0.19 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0

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Listing By: Natasha Richards of Bellabay Realty Tri Counties, Phone: 248-274-6614