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Active
3997 17TH ST Detroit, MI 48208
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Key Details
Property Type Vacant Land
Sub Type UnimprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Alexandrine Stantons Sub L5 P10 (Plats)
MLS Listing ID 20230006877
Property Sub-Type UnimprovedLand
Property Description
This vacant lot is bundled with 2517,2525 Poplar and 4005 Bagley. A total of 4 lots. Not sold separately. Totaling= 9,887 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 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 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.
Location
State MI
County Wayne
Area Area05101Detsouthofgrandriver
Exterior
View Y/N No
Building
Sewer PublicSewer
Water WateratStreet
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc
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