2091 Seward Street, DetroitCity_Wayne, Michigan

$25,000

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About 2091 Seward Street

Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 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.

Features of 2091 Seward Street

MLS® # 20240024646
Price $25,000
Acres 0.00
Type Land
Sub-Type UnimprovedLand
Status Active

Community Information

Address 2091 Seward Street
Area Area05043DetLivernoisI756GdRiver
Subdivision MC GREGORS (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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