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3
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$2,200
Est. payment /mo
3,049 Sqft Lot
Active
3340 ROCHESTER Street Detroit, MI 48206
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20230030976
Originating Board Realcomp
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30 x 107
Property Description
Vacant land opportunity in the Dexter Linwood Neighborhood. 3310, 3332, 3352, 3358, 3346, 3340, 3324 Rochester Street are included in this bundle. The total price is $19,800. 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 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 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
Zoning Residential
Direction North of Chicago Blvd and East of Dexter Ave
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 12002860.
Acceptable Financing Cash
Listing Terms Cash
Listed by Keller Williams Realty-Great Lakes