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About This Home
This land at 1157 EDISON Street in Detroit, MI is listed for $40,000 (0.12 acres).
Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital, Wayne State Univ., Midtown, & Minutes from Downtown. Lot is 40x133.50 and ready for your dream home! 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 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.
Key Features
- 0.12 acre lot
Location
1157 EDISON Street
Detroit, MI 48202
BOSTON BLVD (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 1157 EDISON Street is listed at $40,000. The estimated monthly payment is $173 based on 20% down at 6.5% interest.
Key features include: 0.12 acre lot.
This property is listed by Natasha C Richards and can be reached at (248) 274-6614 or natasharichards@comcast.net.
