$26,000 For Sale

6935 E Congress Street
Detroit, MI 48207

lot: 4356 sq ft lot | Residential Lots & Land - MLS# 20240073921
Property Photo
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Description

This vacant residential lot offers 0.10 acres of prime space, perfect for bringing your development vision to life. Whether you're looking to build your dream home or make a smart investment, this lot provides an excellent opportunity. Located just minutes from the lively Downtown Detroit, you'll enjoy easy access to the city's top entertainment, dining, and cultural attractions, all while being part of the growing and desirable Islandview neighborhood. Don't miss out on the chance to create something special!The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 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.

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Residential Lots & Land
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48207
  • School District: Detroit
  • Lot Size: 4356 sq ft lot
  • Directions: North of Jefferson, West of E Grand Blvd
  • List Price Acre: 260000
  • Lot Size Area: 0.1
  • Lot Size Square Feet: 4356
  • Lot Size Units: Acres
  • Main Type: Land
  • Parcel Number: 15000081.
  • Road Frontage: 32
  • Street Type: Paved
  • Tax Legal Description: N CONGRESS 22 SUB OF PT OF LOUIS CHAPOTON FARM L7 P7 PLATS, W C R 15/19 31.83 X 138.33
Courtesy of Erick Monzo, Keller Williams Realty-Great Lakes
Source: Michigan Regional Information Center (MichRIC)
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