$3,000 for Sale

7906 saint paul, detroit, MI 48214

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Property Description
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
General Information
Sale Price: $3,000
Price/SqFt:
Status: Active
MLS#: 60199284
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: shipherds sub (plats)
Acres: 0.04
Lot Dim: 42 x 45
Acreage: 0.04 est.
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0


Information provided by East Central Association of REALTORS® ©2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Leonard Pickett of RCH Brokerage Legacy Inc

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Property listed by:
RCH Brokerage Legacy Inc
Call: (313) 510-7887

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