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About This Home
This land at 5387 BANGOR Street in Detroit, MI is listed for $99,000 (0.05 acres).
Great opportunity close to thriving Grand Blvd/Midtown development. offering 9 lots. Addresses include 5387, 5381, 5373, 5367, 5359, 5353 Bangor & 4115, 4121, 4127 McGraw. This is a land-based site. 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
5387 BANGOR Street
Detroit, MI 48210
CRAINS SUB OF LOT 95 PC56 3
Questions & Answers
This 0-bedroom, 0-bathroom land at 5387 BANGOR Street is listed at $99,000. The estimated monthly payment is $429 based on 20% down at 6.5% interest.
Key features include: 0.05 acre lot.
This property is listed by Natasha C Richards and can be reached at (248) 274-6614 or natasharichards@comcast.net.
