5780 Garland Street, Detroit city, Michigan

$20,000

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0.10

Acres

About 5780 Garland Street

Investment opportunity in West End! This bundle includes two properties at 5784 Garland and 5780 Garland for a total of $20,000. 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 the 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 5780 Garland Street

MLS® # 20261021544
Price $20,000
Bathrooms 0.00
Acres 0.10
Type Vacant Land
Status Active

Community Information

Address 5780 Garland Street
Area 05051 - Det 6-8 Dequindre To Conner
Subdivision GRATIOT AVE LAND COS SUB
City Detroit city
County Wayne
State Michigan
Zip Code 48213

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty-Great Lakes
Contact Infoerick@monzogroup.com

Listing Map

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