3
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$19,500
Est. payment /mo
5,662 Sqft Lot
Active
5719 WABASH Street Detroit, MI 48208
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Plat Of Godfroy Farm (Plats)
MLS Listing ID 20250022243
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40 x 145
Source Realcomp II Ltd
Property Description
Great residential infill opportunity close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. 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.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Direction W. of Rosa Parks, N. of I-94
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Tax ID 10004626.
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Listed by Natasha C Richards of Bellabay Realty Tri Counties