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2691 Rochester

Detroit, MI 48206
  • $55,666
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: 20240005926
$55,666
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:

Description

Welcome to the latest offering from the Detroit land Bank Authority. 5 buildable lots waiting for your development ideas. Dexter/linwood area, right on the edge of Boston Edison will make a very vibrant and useful project for the up and coming developer. Area boasts over 27,782 sqft. of buildable land. Sale includes 2735, 2715, 2703,2697 Rochester as well. In addition there are additional lots for sale on the opposite side of the street also listed with the Detroit land bank authority. 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 Detroits 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.

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-07-17T23:50:23.163.
www.sellsmi.com/homes/147242041
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2691 Rochester Detroit, MI 48206

  • Price: $55,666
  • Status: Active
  • On Site: 166 Days
  • MLS #: 20240005926
0
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighborhood:
Dexter Boulevard Heights (Plats)
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
Welcome to the latest offering from the Detroit land Bank Authority. 5 buildable lots waiting for your development ideas. Dexter/linwood area, right on the edge of Boston Edison will make a very vibrant and useful project for the up and coming developer. Area boasts over 27,782 sqft. of buildable land. Sale includes 2735, 2715, 2703,2697 Rochester as well. In addition there are additional lots for sale on the opposite side of the street also listed with the Detroit land bank authority. 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 Detroits 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.
Exterior Features

Frontage 30 Lot Size 30 x 107 Roads Paved Street Waterfront YN No

Property Features

Financial Terms Cash For Sale Or Rent For Sale Lease YN No Municipality Detroit Municipality Type City Ownership Government Owned SEV 0 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 0 Survey On File YN No Taxable Value 0 Type Vacant Land Water Community Winter Tax Amount 0 Zoning Multi-FamilyResidential

Listing courtesy of Real Estate One-Southfield : 248-723-0055.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-07-17T23:50:23.163.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507