$11,000 pending

5132 w chicago, detroit, MI 48204

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Property Description
Looking for that perfect small/medium infill project in the Nardin Park Community? You found it directly across the street from Nardin Park!! 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 that are otherwise available to the selected purchaser. The payment will be deterrmined upon reviewing the development proforma and effect of any tax abatements on the purchase and developm
General Information
Sale Price: $11,000
Price/SqFt:
Status: Pending
MLS#: 60314926
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: nardin park sub (plats)
Acres: 0.11
Lot Dim: 40 x 120
Acreage: 0.11 est.
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0


Information provided by East Central Association of REALTORS® ©2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Natasha Richards of Bellabay Realty Tri Counties

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Property listed by:
Bellabay Realty Tri Counties
Call: (313) 204-0310

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