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About This Home
This land at 5137 BANGOR Street in Detroit, MI is listed for $88,000 (0.11 acres).
New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 4 lots are included in the sale, 5131, 5125, 5137, 5143 Bangor, totaling 24,485 square feet. The total price for all lots are $88,000. Sale contingent on buyer/seller executed development agreement.
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 and lot combinations 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 abatements on the purchase and development financing.
Key Features
- 0.11 acre lot
Location
5137 BANGOR Street
Detroit, MI 48210
DANIEL SCOTTENS SUB (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 5137 BANGOR Street is listed at $88,000. The estimated monthly payment is $381 based on 20% down at 6.5% interest.
Key features include: 0.11 acre lot.
This property is listed by Natasha C Richards and can be reached at (248) 274-6614 or natasharichards@comcast.net.
