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About This Home

This land at 5287 STANTON Street in Detroit, MI is listed for $99,000 (0.10 acres).

Agent Description

Great development opportunity in the New Center Area. 3 lots to be sold together, 5287 Stanton, 2525 Edsel Ford, 5278 Stanton. Lots cannot be separated. 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

  • 0.10 acre lot

Location

5287 STANTON Street

Detroit, MI 48208

MORE THAN ONE SUBDIVISION INVOLVED

Questions & Answers

This 0-bedroom, 0-bathroom land at 5287 STANTON Street is listed at $99,000. The estimated monthly payment is $429 based on 20% down at 6.5% interest.

Key features include: 0.10 acre lot.

This property is listed by Natasha C Richards and can be reached at (248) 274-6614 or natasharichards@comcast.net.

NR

Natasha C Richards

Agent at Bellabay Realty Tri Counties

(248) 274-6614

Listed by Bellabay Realty Tri Counties · View on Broker Site

MLS# 20240024628· Source: listhub· Updated 775 days ago

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5287 STANTON Street, Detroit, MI 48208

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