12940 Dwyer Street
Hamtramck, MI 48212

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Description

Welcome to the latest offering from the Detroit Land Bank Authority. 2 single buildable lots in the buffalo/charles subdivision. Over 9000 sqft of land ready for your design ideas. Sale includes 12932 Dwyer. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. 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: Waterfalls Arthur T Mt Elliott
• School District: Detroit
• Lot Size: 4792 sq ft lot
• Directions: E. Mcnichols, to Mt. Elliot go south to Rupert go west to dwyer.
• List Price Acre: 172618.18
• Lot Size Area: 0.11
• Lot Size Square Feet: 4792
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: W13I011683S
• Tax Legal Description: E DWYER 149 ARTHUR T WATERFALLS MT ELLIOTT L57 P17 PLATS, W C R 13/321 41 X 120