3369 Roosevelt Street
Detroit, MI 48208

Tools & Resources:

Description

New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. Sale includes 3363 and 3369 Roosevelt. 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 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.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48208
• School District: Detroit
• Lot Size: 3049 sq ft lot
• Directions: E. of W. Grand Blvd., S. of Martin Luther King
• List Price Acre: 171428.57
• Lot Size Area: 0.07
• Lot Size Square Feet: 3049.2
• Lot Size Units: Acres
• Main Type: Land
• Parcel Number: W12I010253S
• Street Type: Paved
• Tax Legal Description: W ROOSEVELT 12 PLUMERS SUB L8 P92 PLATS, W C R 12/296 30 X 100.07