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$ 57,706
Est. payment /mo
Active
2736 ROCHESTER Street Detroit, MI 48206
4,791 Sqft Lot
UPDATED:
02/07/2024 10:44 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Dexter Boulevard Heights (Plats)
MLS Listing ID 20240005930
Originating Board Realcomp II Ltd
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45 x 107
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 4 buildable lots just waiting for your development ideas. Approximately 28,852 total square feet to design and create. Sale includes 2700, 2704 and 2716 Rochester. There are 5 additional lots listed for sale on the opposite side of the street as well. See mls for details. 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 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
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
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family,Residential
Direction lodge freeway south to chicago go west to linwood go north to rochester go west
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Community
Schools
School District Detroit
Others
Tax ID 10002747.
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash, Quit Claims Deed
Listing Terms Cash, Quit Claims Deed
Financing Cash,Quit Claims Deed
©2024 Realcomp II Ltd. Shareholders
Listed by Gene Kelley II of Real Estate One-Southfield