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About This Home

This land at 4200 LAWTON Street in Detroit, MI is listed for $75,000 (0.08 acres).

Agent Description

This vacant lot is bundled with 4228,4210,4216,4222,4234,4240, and 4250 Lawton. A total of 8 lots. Not sold separately. Totaling= 26,869 sqft. 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 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

  • 0.08 acre lot

Location

4200 LAWTON Street

Detroit, MI 48208

CURRYS SUB OF O L 7 OF SUB OF R C PC 729 (PLATS)

Questions & Answers

This 0-bedroom, 0-bathroom land at 4200 LAWTON Street is listed at $75,000. The estimated monthly payment is $325 based on 20% down at 6.5% interest.

Key features include: 0.08 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# 20230006356· Source: listhub· Updated 1221 days ago

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4200 LAWTON Street, Detroit, MI 48208

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