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323 King Street

Detroit, MI 48202
  • $53,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 20240024982
UPDATED: 93 min ago
$53,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Zoning:
Residential
Lot Size Dimensions:
38 x 114

School Ratings & Info

School District:

Description

Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.The DLBA is seeking proposals 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 recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. 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 abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via The Home Team | EXP Realty LLC and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Home Team | EXP Realty LLC are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-22T08:58:27.093.
www.thehometeamexp.com/homes/149694701
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323 King Street Detroit, MI 48202

  • Price: $53,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 93 min ago
  • ID#: 20240024982
0
Beds
0
Baths
0
½ Baths
0.1
Acres
Neighborhood:
Jos R Mc Laughlins (Plats )
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.The DLBA is seeking proposals 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 recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. 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 abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Exterior Features

Lot Size Dimensions 38 x 114 Road Frontage Feet 38 Road Frontage Type Paved Waterfront YN No

Property Features

Existing Lease YN No Land Contract YN No Listing Financing Cash Ownership Status Government OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No State Equalized Value 0.0000 Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Transaction Type Sale Unparsed Address 323 KING Street Water Source Public (Municipal) Zoning Residential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri Counties: (248) 274-6614 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Home Team | EXP Realty LLC and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Home Team | EXP Realty LLC are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-05-22T08:58:27.093.
 
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