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$ 20,000
Est. payment /mo
Active
5784 Garland Street Detroit, MI 48213
3 Beds
1 Bath
1,076 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,076 sqft
Price per Sqft $18
MLS Listing ID 20261020742
Bedrooms 3
Full Baths 1
Year Built 1921
Annual Tax Amount $1,290
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 30X142.6
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Investment opportunity in West End! This bundle includes two properties at 5784 Garland and 5780 Garland for a total of $20,000. 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 the 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 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.
Location
State MI
County Wayne
Area Wayne County - 100
Direction E of Cadillac N of Shoemaker
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Wood Siding
Schools
School District Detroit
Others
Tax ID W21I037982S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"REO/Bank Owned":true}
Listed by Keller Williams Realty-Great Lakes
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