3028 14th Street
Detroit, MI 48216

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Description

Great Investment Opportunity! This lot is being sold as a bundle with 3034 14th St. Great location! Short commute to several local freeways. Minutes from Corktown and so much more. 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 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: 48216
• School District: Detroit
• Lot Size: 6098 sq ft lot
• Directions: South of Martin Luther King Jr Blvd and East of Rosa Parks Blvd
• List Price Acre: 117857.14
• Lot Size Area: 0.14
• Lot Size Square Feet: 6098.4
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: W10I004908S
• Street Type: Paved
• Tax Legal Description: E FOURTEENTH 143 SUB OF GODFROY FARM L1 P293 PLATS, W C R 10/32 42 X 145