1157 EDISON Street Detroit, MI 48202

5,227 Sqft Lot

UPDATED:

04/18/2024 03:14 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Boston Blvd (Plats)

MLS Listing ID 20240024970

Originating Board Realcomp II Ltd

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40.00 x 134.00

Property Description

Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital, Wayne State Univ., Midtown, & Minutes from Downtown. Lot is 40x133.50 and ready for your dream home! 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 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

Direction S. Chicago, W. Lodge Fwy.

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID W06I002387S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by Bellabay Realty Tri Counties

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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