Residential Land for Sale in Detroit, Michigan
2499 Townsend St Detroit, MI 48214
THIS BUNDLE INCLUDES 2499 TOWNSEND, 2505 TOWNSEND AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000. Check out this latest offering from the Detroit Land Bank Authority located at Vernor Hwy and Grand Blvd in the Islandview neighborhood. This TWO lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey Academy. 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.
Directions
Near the New Butzel Playground. On the cusp of West Village in the heart of island view neighborhood
Property details
- County
- Wayne County
- Community
- Boulevard Park Sub (Plats )
- Zoning
- Residential
- Elevation
- 610 feet
- MLS Number
- REALCOMP 20240026571
- Date Posted
Legal description
W TOWNSEND 253 N 1/2 254 BLVD PARK SUB L23 P21 PLATS, W C R 17/65 45 X 100
Parcels
- 17012459.
Detailed attributes
Listing
- Type
- Lots And Land
- Franchise
- Keller Williams Realty
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
June 17, 2024 | New listing | $20,000 | — | REALCOMP |