10
See all 10 photos
$79,900
Est. payment /mo
0.54 Acres Lot
Active
1433 SHERIDAN Street Detroit, MI 48214 2407
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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60341923
Style Vacant Land
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 30 x 125
Property Sub-Type Vacant Land
Property Description
This newest bundled listing is offered by the Detroit Land Bank. This bundle includes addresses: 1433 Sheridan, 1439 Sheridan, 1445 Sheridan, 1451 Sheridan, 1457 Sheridan, and 1461 Sheridan. These residential vacant lots are located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 Detroit (82001)
Zoning Residential
Building
Water Public Water at Street
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
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Listed by Keller Williams Realty-Great Lakes