1780 TOWNSEND Street Active

Detroit,MI 48214

$ 40502

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Moses W Fields Sub L8 P37 (Plats)

MLS Listing ID 20230083441

Originating Board Realcomp II Ltd

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 60 x 100

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. 4 buildable lots in the quickly growing islandview neighborhood. The lots are surrounded by a swath of new construction waiting for your development ideas. The sale includes 1774, 1768 and 1762 Townsend. 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. More specifically they would like to see small scale multi-families and duplexes. 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Residential

Direction E Grand blvd South to Kercheval go east to Townsend go south

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Sewer at Street

Water Water at Street

Schools

School District Detroit

Others

Tax ID 170118589

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash,Quit Claims Deed

Listing Terms Cash,Quit Claims Deed

Financing Cash,Quit Claims Deed

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