$20,000 For Sale

3102 Canton Street
Detroit, MI 48207

lot: 871 sq ft lot | Residential Lots & Land - MLS# 20251039203
Property Photo
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Description

Five Contiguous Lots sold as a bundle (6913 Benson, 6917 Benson, 6921 Benson, 3106 Canton, and 3102 Canton), approximately 0.13 total acres. These must be purchased together and cannot be split. Zoned residential, the property provides excellent potential for a new build/infill development opportunity. How to Apply:Interested buyers must submit a proposal that includes:1. Project Proposal (intended use of structure + timeline)2. Proof of Funds (bank statement or lender letter)3. Scope of Work (breakdown of renovation costs)4. Proof of Previous Projects: (include addresses and photos). Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.

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: 871 sq ft lot
  • Directions: Go south on E Grand from Mack, then southwest on Benson
  • List Price Acre: 1000000
  • Lot Size Area: 0.02
  • Lot Size Square Feet: 871.2
  • Lot Size Units: Acres
  • MLS Area Major: Wayne County - 100
  • MLS Area Minor: Wayne County - 100
  • Main Type: Land
  • Parcel Number: W15I010009S001
  • Street Type: Paved
  • Tax Legal Description: E CANTON S 25.15 FT OF W 41.50 FT 107 TEFFTS SUB L24 P72 PLATS, WCR 15/114 25.15 X 41.50
Courtesy of Erick Monzo, Keller Williams Realty-Great Lakes
Source: Michigan Regional Information Center (MichRIC)
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