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Additional details
$ 18,988
Est. payment /mo
Active
12940 DWYER ST Hamtramck, MI 48212
1 Bath
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type UnimprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Waterfalls Arthur T Mt Elliott
MLS Listing ID 20250027434
Full Baths 1
Lot Size 4,791 Sqft
Property Sub-Type UnimprovedLand
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 2 single buildable lots in the buffalo/charles subdivision. Over 9000 sqft of land ready for your design ideas. Sale includes 12932 Dwyer. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. 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
Location
State MI
County Wayne
Area Area05052Det6Macki75Conner
Exterior
Parking Features TwoCarGarage
Garage Spaces 2.0
View Y/N No
Garage true
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, QuitClaimsDeed
Listing Terms Cash, QuitClaimsDeed
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Gene Kelley II of Real Estate One-Southfield