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About This Home
This land at 2496 PARKER Street in Detroit, MI is listed for $7,500 (N/A).
Welcome to the latest offering from the Detroit Land Bank Authority. This Islandview infill lot size is 29x110. 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 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
Location
2496 PARKER Street
Detroit, MI 48214
HUGO SCHERERS SUB (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 2496 PARKER Street is listed at $7,500. The estimated monthly payment is $33 based on 20% down at 6.5% interest.
This property is listed by Natasha C Richards and can be reached at (248) 274-6614 or natasharichards@comcast.net.
