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5266 Linwood Street

Detroit, MI 48208
  • $138,562
  • STATUS: Active
  • ON SITE: 203 Days
  • ID#: 20230083451
$138,562
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Zoning:
Residential
Lot Size Dimensions:
41 x 152

School Ratings & Info

School District:

Description

Welcome to the latest offering from the Detroit Land Bank Authority. 6 Buildable lots waiting for your development ideas. Located just a stones throw from New Center Area, this sale includes 2541 Edsel Ford, 5286, 5282, 5278,and 5274 Linwood. 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 Detroits Planning and Development Department for additional context about the neighborhood.Please note that the Detroit Land bank Authority 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

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IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-04-25T00:00:33.337.
www.refacmi.com/homes/144061432
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5266 Linwood Street Detroit, MI 48208

  • Price: $138,562
  • Status: Active
  • On Site: 203 Days
  • ID#: 20230083451
0
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Mc Carthys Sub (Plats)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 6 Buildable lots waiting for your development ideas. Located just a stones throw from New Center Area, this sale includes 2541 Edsel Ford, 5286, 5282, 5278,and 5274 Linwood. 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 Detroits Planning and Development Department for additional context about the neighborhood.Please note that the Detroit Land bank Authority 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Exterior Features

Lot Size Dimensions 41 x 152 Road Frontage Feet 41 Road Frontage Type Paved Waterfront YN No

Property Features

Existing Lease YN No Land Contract YN No Listing Financing CashQuit Claims Deed Ownership Status Government OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 180 Settlement City Sewer Sewer at Street Short Sale No State Equalized Value 0.0000 Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Transaction Type Sale Unparsed Address 5266 LINWOOD Street Water Source Water at Street Zoning Residential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Southfield: (248) 723-0055 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-04-25T00:00:33.337.
 
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Grand Blanc MI, 48439