MI
Wayne
Detroit
48227
13430 FENKELL Street
13430 FENKELL Street, Detroit, MI 48227
Listing Type
Lots/Land
Listing Status
active
7
$10,000

Home Details for 13430 FENKELL Street

Price
$10,000
Type
Land
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
0.2
County
Wayne
Garage
Days on site
93
MLS Listing#
20240080286
Listing courtesy: RCH Brokerage Legacy Inc - 248-440-2268
Property Description

Property zoned as B2. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

Property Features
  • Water Features
    • Public
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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