Detroit, MI 48206,3743 EDISON ST
Detroit, MI 48206,3743 EDISON ST
Detroit, MI 48206,3743 EDISON ST
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Key Details

Property Type Vacant Land

Sub Type UnimprovedLand

Listing Status Active

Purchase Type For Sale

Subdivision More Than One Subdivision Involved

MLS Listing ID 20240024517

Property Sub-Type UnimprovedLand

Property Description

Get in on the action with a new infill build opportunity. 6 lots included in the sale, 3743, 3751, 3761, 3767, 3775, 3785 Edison. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Exterior

View Y/N No

Building

Sewer PublicSewer

Water Public

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition GovernmentOwned, ShortSaleNo


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Realcomp MLS
Listed by Natasha C Richards of Bellabay Realty Tri Counties

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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3743 EDISON ST