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About This Home

This land at 1830 W GRAND Boulevard in Detroit, MI is listed for $40,000 (0.12 acres).

Agent Description

Sold with 1832, 1840, W Grand Blvd, and 3934,3940 Moore Pl. All 5 lots total= 25,888 sqft. Not sold separately. 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 DLBA 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.

All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI

Key Features

  • 0.12 acre lot

Location

1830 W GRAND Boulevard

Detroit, MI 48208

SCOVELS (PLATS)

Questions & Answers

This 0-bedroom, 0-bathroom land at 1830 W GRAND Boulevard 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 Leonard A Pickett III and can be reached at (248) 440-2268 or lpickettiii@rchlegacy.com.

LI

Leonard A Pickett III

Agent at RCH Brokerage Legacy Inc

(248) 440-2268

Listed by RCH Brokerage Legacy Inc · View on Broker Site

MLS# 20240006089· Source: listhub· Updated 847 days ago

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1830 W GRAND Boulevard, Detroit, MI 48208

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