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About This Home
This land at 2005 POPLAR Street in Detroit, MI is listed for $7,000 (N/A).
2 vacant land parcels in CORE CITY! Total of 0.12 acres. 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. LOTS WILL NOT BE SOLD SEPARATELY. Addresses are: 2005 Poplar & 2007 Poplar. Total of 0.12 acres. Bundle price is $7,000
Location
2005 POPLAR Street
Detroit, MI 48208
WOODRUFFS SUB (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 2005 POPLAR Street is listed at $7,000. The estimated monthly payment is $30 based on 20% down at 6.5% interest.
This property is listed by Erick Monzo and can be reached at (586) 541-4000 or erick@monzogroup.com.
