MI
Wayne
Hamtramck City
48212
11632 SAINT LOUIS Street
11632 SAINT LOUIS Street, Hamtramck City, MI 48212
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Listing Type
Lots/Land
Listing Status
active
5
$16,108

Home Details for 11632 SAINT LOUIS Street

Price
$16,108
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.12
County
Wayne
Garage
Days on site
153
MLS Listing#
20250027435
Property Description

Welcome to the latest offering from the Detroit land bank Authority. 2 buildable lots located in the Buffalo Charles area. Over 7000 sqft. just waiting for your design ideas. Sale includes 11638 St. Louis as well. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. 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 and/or 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. Please refer to DLBA proposal guidelines

Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
  • Water Features
    • Public
Listing Courtesy: Real Estate One-Southfield - 248-723-0055
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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