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About This Home

This land at 5266 LINWOOD Street in Detroit, MI is listed for $138,562 (0.14 acres).

Agent 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 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.

Key Features

  • 0.14 acre lot

Location

5266 LINWOOD Street

Detroit, MI 48208

MC CARTHYS SUB (PLATS)

Questions & Answers

This 0-bedroom, 0-bathroom land at 5266 LINWOOD Street is listed at $138,562. The estimated monthly payment is $600 based on 20% down at 6.5% interest.

Key features include: 0.14 acre lot.

This property is listed by Gene Kelley II and can be reached at 2487230055 or kelleygroup17@gmail.com.

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GI

Gene Kelley II

Agent at Real Estate One-Southfield

(248) 723-0055

Listed by Real Estate One-Southfield · View on Broker Site

MLS# 20230083451· Source: listhub· Updated 923 days ago

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5266 LINWOOD Street, Detroit, MI 48208

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