416 Harper Avenue, DetroitCity_Wayne, Michigan

$3,299

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About 416 Harper Avenue

Welcome to the latest offering from the Detroit Land Bank authority. Single buildable residential lot located in the Medbury subdivision. Bring your tools and your development 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. 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

Features of 416 Harper Avenue

MLS® # 20230084441
Price $3,299
Acres 0.00
Type Land
Sub-Type UnimprovedLand
Status Active

Community Information

Address 416 Harper Avenue
Area Area05043DetLivernoisI756GdRiver
Subdivision BRUSH SUB BETW FARNSWORTH & HARPER (PLATS)
City DetroitCity_Wayne
County Wayne
State Michigan

Amenities

Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes

School Information

District Detroit
High Detroit

Additional Information

Zoning Residential
Foreclosure Yes
Short Sale Yes
RE / Bank Owned Yes

Listing Details

OfficeReal Estate One-Southfield

Listing Map

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