5780 Garland Street
Detroit, MI 48213

Tools & Resources:

Description

Investment opportunity in West End! This bundle includes two properties at 5784 Garland and 5780 Garland for a total of $20,000. 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 the 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: 48213
• School District: Detroit
• Lot Size: 4356 sq ft lot
• Directions: E of Cadillac N of Shoemaker
• List Price Acre: 200000
• Lot Size Area: 0.1
• Lot Size Square Feet: 4356
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: W21I037981S
• Street Type: Paved
• Tax Legal Description: E GARLAND 157 GRATIOT AVE LAND COS SUB L31 P81 PLATS, W C R 21/567 30 X 142.95A