$15,000 for Sale
3099 18th street, detroit, MI 48216
Property Description
This vacant lot is bundled with 3105 18TH and 2621 Ash totaling= 9,549 sqft. Not sold separately. All 3 lots=45K. Zoned R2. 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 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. BATVAI
General Information
Sale Price: $15,000
Price/SqFt:
Status: Active
MLS#: 20261060397
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: weitzels resub
Acres: 0.07
Lot Dimensions: 33X85
Size:
Acreage: 0.07 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Legal Description: W 18TH S 3 FT OF E 85 FT 18 E 85 FT 17 BLK 1 WEITZELS RE-SUB L5 P18 PLATS, W C R 10/93 33 X 85

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Listing By: Leonard A Pickett III of RCH Brokerage Legacy Inc, Phone: (248) 440-2268