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About This Home
This land at 3525 PORTER Street in Detroit, MI is listed for $8,000 (0.06 acres).
Great build opportunity located in the heart of Mexicantown, and close Detroit's Corktown, social district, and the newly renovated Ford train station. 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Key Features
- 0.06 acre lot
Location
3525 PORTER Street
Detroit, MI 48216
CATHERINE B HUBBARDS (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 3525 PORTER Street is listed at $8,000. The estimated monthly payment is $35 based on 20% down at 6.5% interest.
Key features include: 0.06 acre lot.
This property is listed by Natasha C Richards and can be reached at (248) 274-6614 or natasharichards@comcast.net.
