3743 Edison Street, DetroitCity_Wayne, Michigan

$60,000

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About 3743 Edison Street

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.

Features of 3743 Edison Street

MLS® # 20240024517
Price $60,000
Acres 0.00
Type Land
Sub-Type UnimprovedLand
Status Active

Community Information

Address 3743 Edison Street
Area Area05043DetLivernoisI756GdRiver
Subdivision MORE THAN ONE SUBDIVISION INVOLVED
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

OfficeBellabay Realty Tri Counties

Listing Map

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