Residential Land for Sale in Detroit, Michigan

3148 Mount Elliott St Detroit, MI 48207

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$20,000
0.11 acres
Active sale agoEst $162/mo

Welcome to the latest offering from the Detroit Land Bank Authority. This Islandview infill lot size is 30x160. 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 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

Directions

E. Side of Mt. Elliott, N. of Benson

Location

Street Address
3148 Mount Elliott St
Community
Walkers Sub (Plats)
School District
Detroit
Elevation
620 feet
Coordinates
42.3593, -83.0198

Property details

Zoning
Residential
MLS Number
REALCOMP 20240058648
Date Posted

Parcels

  • W15I013986S

Legal description

This 0.11-acre property is located at 3148 Mount Elliott St in Detroit, MI 48207 with latitude 42.3593 and longitude -83.0198. The property is currently available for sale for $20,000 with a price per acre of $181,818. Listing data is sourced from Realcomp Limited II # 20240058648.

Verify sale details at the property source or contact Bellabay Realty Tri Counties at (248) 274-6614.

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Copyright (C) 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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