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Lot/land
  • $114,000

    5230 Linwood St, Detroit, MI 48208

    --beds
    --baths
    4,791.6Square Feet
    Land
    Built in ----
    4,791.6 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Welcome to the latest offering from the Detroit Landbank Authority. 4 buildable lots just waiting for your development ideas. Over 15,000 sqft. of land to create the ultimate project. Sale includes 5248,5249 and 5254 Linwood. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. 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.
    198 days
    on Zillow
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    7
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    0
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    Zillow last checked: 7 hours ago

    Listing updated: December 23, 2024 at 07:09am

    Listed by:

    Gene Kelley II 248-723-0055,

    Real Estate One-Southfield 248-723-0055

    Source: Realcomp II,MLS#: 20240093459MLS Logo
    Travel times

    Facts & features

    Interior

    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Lot
    • Size: 4,791.6 Square Feet
    • Dimensions: 30 x 152
    Details
    • Parcel number: 10007346.
    • Zoning description: Residential
    • Special conditions: Government Owned,Short Sale No

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Waterat Street

    Community & HOA

    Community
    • Subdivision: FORDS SUB (PLATS)
    HOA
    • Has HOA: No
    Location
    • Region: Detroit

    Financial & listing details

    • Tax assessed value: $200
    • Annual tax amount: $23
    • Date on market: 12/23/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Quit Claims Deed
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