MI > Detroit > Hodges Bros Sub Of Ols 98 -99-102&103 (Plats)
Detroit, MI 48208,3466 LINCOLN Street
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SimpliHŌM - Making Real Estate Simple

SimpliHŌM - Making Real Estate Simple

+1(855) 856-9466
$ 150,000
Est. payment | /mo

10,454 Sqft Lot

Save
$ 150,000
Est. payment | /mo
Save

10,454 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Hodges Bros Sub Of Ols 98 -99-102&103 (Plats)

MLS Listing ID 20230018689

Originating Board Realcomp II Ltd

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 89 x 120

Property Description

This property is bundled with 3490, 3491,Licoln (across the street)lots total= 19,442and 3481, 3475, 3501,3507 Lincoln. Not sold separately. The 5 lots total= 31,442 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction TAKE MARTIN LUTHER KING JR BLVD HEADED EAST. PASS TRUMBULL, PASS GRAND RIVER AVE, MAKE LEFT ONTO LINCOLN

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID 06005417.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc
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3466 LINCOLN Street