2417 W Edsel Ford Freeway, DetroitCity_Wayne, Michigan

$101,000

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About 2417 W Edsel Ford Freeway

Are you ready for an awesome build opportunity? 7 lots available for your vision include 2417 W. Edsel Ford Fwy, 5281 16th, 5275 16th, 5269 16th, 5263 16th, 5257 16th, 5251 16th. Lots cannot be sold separate. 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 2417 W Edsel Ford Freeway

MLS® # 20240024639
Price $101,000
Acres 0.00
Type Land
Sub-Type ImprovedLand
Status Active

Community Information

Address 2417 W Edsel Ford Freeway
Area Area05043DetLivernoisI756GdRiver
Subdivision MARY E ARMSTRONG (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

OfficeBellabay Realty Tri Counties

Listing Map

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