3743 Edison Street
Detroit, MI 48206

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Description

Get in on the action with a new infill build opportunity. 6 lots included in the sale, 3743, 3751, 3761, 3767, 3775, 3785 Edison. 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: 48206
• Subdivision/Neighborhood: More Than One Subdivision Involved
• School District: Detroit
• Lot Size: 4356 sq ft lot
• Directions: S. of Davison, W. of Dexter
• List Price Acre: 600000
• Lot Size Area: 0.1
• Lot Size Square Feet: 4356
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 1400348991
• Road Frontage: 41
• Tax Legal Description: S EDISON 99 MC QUADES DEXTER BLVD SUB L35 P5 PLATS, W C R 14/184 ALSO W 41 FT OF E 239 FT OF N 50 FT OF 1/4 SEC 32, TTAT LYG W & ADJ DEXTER S & ADJ SD LOT 14/--- 41 X 111