945 E Euclid Street
Detroit, MI 48211

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Description

Lot sold with 939 and 957 Euclid totaling = 14,637 sqft. Not sold separately. Site is in Greater Downtown- North End Planning Study. And also in the Oakland/CLay NEZ for new build/rehab. 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 DLBA 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. 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. See attached documents for DLBA requirements and offer submission info. BATVAI

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48211
• School District: Detroit
• Lot Size: 5663 sq ft lot
• Directions: TAKE CHICAGO BLVD HEADED EAST PASS WOODWARD. MAKE RIGHT ONTO OAKLAND AVE. TAKE SOUT TO EUCLID ST MAKE A LEFT. LOTS ARE ON THE RIGHT.
• List Price Acre: 346153.85
• Lot Size Area: 0.13
• Lot Size Square Feet: 5662.8
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: W05I002754C5
• Road Frontage: 45
• Street Type: Paved
• Tax Legal Description: N EUCLID E 99 W 15 FT 100 MACKLEMS SUB L15 P73 PLATS, W C R 5/104 45 X 122