$17,325 For Sale

13281 Gable Street
Hamtramck, MI 48212

lot: 8276 sq ft lot | Residential Lots & Land - MLS# 20240062001
Property Photo
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Description

Welcome to the latest offering from the Detroit Land Bank Authority. Vacant lot located in the Buffalo/Charles area on the border of Hamtramck. Excellent opportunity to build in an up and coming community with over 8300 sqft. to work with.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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Residential Lots & Land
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48212
  • Subdivision/Neighborhood: Hamtramck City
  • School District: Detroit
  • Lot Size: 8276 sq ft lot
  • Directions: Mcnichols go east to mound south to luce east to gable
  • List Price Acre: 91184.21
  • Lot Size Area: 0.19
  • Lot Size Square Feet: 8276.4
  • Lot Size Units: Acres
  • MLS Area Major: Wayne County - 100
  • MLS Area Minor: Wayne County - 100
  • Main Type: Land
  • Parcel Number: 130127334
  • Road Frontage: 63
  • Street Type: Paved
  • Tax Legal Description: W GABLE 40 & 41 A MEYERS & SON SUB L56 P83 PLATS, W C R 13/318 62.94 IRREG
  • Township: Hamtramck City
Courtesy of Gene Kelley, Real Estate One-Southfield
Source: Michigan Regional Information Center (MichRIC)
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