Detroit, MI 48202,323 KING Street
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$ 53,000
Est. payment | /mo

4,356 Sqft Lot


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$ 53,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Jos R Mc Laughlins (Plats )

MLS Listing ID 20240024982

Originating Board Realcomp II Ltd

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 38 x 114

Property Description

Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.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 walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. 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 abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction John R. & Holbrook

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID 01002798.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Realcomp MLS
Listed by Natasha C Richards of Bellabay Realty Tri Counties

GET MORE INFORMATION

JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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323 KING Street