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About This Home

This land at 471 JEFFERSON in Detroit, MI is listed for $35,000 (0.05 acres).

Agent Description

Prime vacant lot located in the highly sought-after Islandview neighborhood! This 0.10-acre lot offers a fantastic opportunity to build your dream home or investment property. Ideally situated just minutes from Belle Isle, the Detroit Riverwalk, and downtown, you'll enjoy the perfect blend of peaceful residential living with easy access to the vibrant city life.

Don't miss out on this great location with plenty of potential for future development! The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation.

Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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

  • 0.05 acre lot

Location

471 JEFFERSON

Detroit, MI 48207

SCULLENS SUB

Questions & Answers

This 0-bedroom, 0-bathroom land at 471 JEFFERSON is listed at $35,000. The estimated monthly payment is $152 based on 20% down at 6.5% interest.

Key features include: 0.05 acre lot.

This property is listed by Erick Monzo and can be reached at (586) 541-4000 or erick@monzogroup.com.

EM

Erick Monzo

Agent at Keller Williams Realty-Great Lakes

(586) 541-4000

Listed by Keller Williams Realty-Great Lakes · View on Broker Site

MLS# 20240073928· Source: listhub· Updated 601 days ago

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471 JEFFERSON, Detroit, MI 48207

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