$130,000 for Sale

571 e edsel ford, detroit, MI 48202

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Property Description
New Build Opportunity! 9 lots included in the sale include 571 E. Edsel Ford Fwy, 587 Edsel. Ford Fwy, 581 E. Ford Fwy, 5923 St. Antoine, 590 Harper, 580 Harper, 574 Harper, 566 Harper, 556 Harper. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY
General Information
Sale Price: $130,000
Price/SqFt:
Status: Active
MLS#: 60301134
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: ferry & lysters sub (plats)
Acres: 0.1
Lot Dim: 32 x 130
Acreage: 0.1 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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