MI
Wayne
Detroit City
48210
5125 BANGOR Street
5125 BANGOR Street, Detroit City, MI 48210
Share Listing
Listing Type
Lots/Land
Listing Status
active
12
$88,000

Home Details for 5125 BANGOR Street

Price
$88,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.11
County
Wayne
Garage
Days on site
167
MLS Listing#
20250023928
Property Description

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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
  • Water Features
    • Public
Listing Courtesy: Bellabay Realty Tri Counties - 248-274-6614
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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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