1157 Edison Street, DetroitCity_Wayne, Michigan

$40,000

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2

Baths

About 1157 Edison Street

Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital, Wayne State Univ., Midtown, & Minutes from Downtown. Lot is 40x133.50 and ready for your dream home! 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 1157 Edison Street

MLS® # 20240024970
Price $40,000
Bathrooms 2.00
Acres 0.00
Type Land
Sub-Type ImprovedLand
Status Active

Community Information

Address 1157 Edison Street
Area Area05043DetLivernoisI756GdRiver
Subdivision BOSTON BLVD (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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