1764 CALUMET Street Pending

Detroit,MI 48208

$ 7000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Tafts (Plats)

MLS Listing ID 20240024677

Annual Tax Amount $100

Lot Size 6,969 Sqft

Property Description

Great Build Opportunity Waiting for You! Zoned R1 Residential, so bring your ideas. 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. 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 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 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 Det: Livernois-I75 6-Gd River

Zoning Residential

Exterior

Pool No

Waterfront no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Assessment Amount $100

Acceptable Financing Cash

Listing Terms Cash

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