3173 Concord Street
Detroit, MI 48207

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Description

Located in an up and coming Island View area, new construction builds are coming up everywhere, so don't miss out on your opportunity to own seven lots!! Addresses include 3173, 3215, 3209, 3199, 3191, 3165, and 3159 Concord. 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. 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: 48207
• Subdivision/Neighborhood: Mc Leods Sub (Plats)
• School District: Detroit
• Lot Size: 13939 sq ft lot
• Directions: S. of Mack & W. of E. Grand Blvd.
• List Price Acre: 109375
• Lot Size Area: 0.32
• Lot Size Square Feet: 13939
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 15011679.
• Road Frontage: 90
• Tax Legal Description: W CONCORD 80 THRU 78 MC LEODS SUB L10 P100 PLATS, W C R 15/27 90 X 153.27