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5,227 Sqft Lot
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Sub Of Lot 43 G B Porter Farm (Plats)
MLS Listing ID 20250037208
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 39.00 x 135.00
Source Realcomp II Ltd
Property Description
Great residential infill opportunity offered by the Detroit Landbank Authority located in the heart of it all in Mexicantown. Within walking distance to restaurants, parks and entertainment. 2 lots to be sold together, 1446 & 1454 24th St., cannot be sold separately. 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 South Of Grand River
Zoning Residential
Direction S. of Vernor, W. I-75
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID W12I008540S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Listed by Natasha C Richards of Bellabay Realty Tri Counties