Residential Land for Sale in Detroit, Michigan

690 W Philadelphia St Detroit, MI 48202

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$34,000
0.2 acres
Active sale agoEst $244/mo

Great property for infill building located in Detroit's Piety Hill neighborhood. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity Henry Ford Hospital.Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission information.

Directions

TAKE WOODWARD HEADED SOUTH PASS CHICAGO BLVD MAKE RIGHT ONTO PHILADELPHIA

Property details

Coordinates
42.3765, -83.0832
Community
Smiths Sub
School District
Detroit
Zoning
Residential
Elevation
633 feet
MLS Number
REALCOMP 20240080318
Date Posted

Legal description

Parcels

  • 04002067.

This 0.2-acre property is located at 690 W Philadelphia St in Detroit, MI 48202 with latitude 42.3765 and longitude -83.0832. The property is currently available for sale for $34,000 with a price per acre of $170,000. Listing data is sourced from Realcomp Limited II # 20240080318.

Verify sale details at the property source or contact RCH Brokerage Legacy at (248) 440-2268.

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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 2 hours ago. Parcel data by Regrid.

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