Detroit, MI 48206,2363 ELMHURST Street
Detroit, MI 48206,2363 ELMHURST Street
Detroit, MI 48206,2363 ELMHURST Street
Detroit, MI 48206,2363 ELMHURST Street
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$ 24,000
Est. payment | /mo

3,920 Sqft Lot


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$ 24,000
Est. payment | /mo
Save

3,920 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Robert Oakmans Stonehouse Sub (Plats)

MLS Listing ID 20240028506

Originating Board Realcomp II Ltd

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30 x 127

Property Description

Two property deal. Sold with 2373 Elmhurst. Both lots total 16,401 sqft. Property zoned as R3. 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 effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Direction TAKE CHICAGO HEADED EAST PASS DEXTER. MAKE LEFT ONTO LINWOOD. MAKE RIGHT ONTO ELMHURST.

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID 08003549.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Realcomp MLS
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc

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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2363 ELMHURST Street