$10,000 for Sale
2629 rochester, detroit, MI 48206
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. Opportunity awaits in the vibrant Dexter-Linwood neighborhood with this lot, Zoned R6, is 60 x 107 & totals approximately .15 acres. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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.
General Information
Sale Price: $10,000
Price/SqFt:
Status: Active
MLS#: rcomi60287994
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: dexter boulevard heights (plats)
Acres: 0.15
Lot Dimensions: 60 x 107
Size:
Acreage: 0.15 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
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Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: 586-541-4000