3525 Porter Street, Detroit, MI

$8,000

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0.06

Acres

About 3525 Porter Street

Great build opportunity located in the heart of Mexicantown. 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 taxb abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the ppurchase and development financing.

Features of 3525 Porter Street

MLS® # 24001408
Price $8,000
Bathrooms 0.00
Acres 0.06
Type Land
Sub-Type Lot
Status Active

Community Information

Address 3525 Porter Street
Area Wayne County - 100
Subdivision CATHERINE B HUBBARDS (PLATS)
City Detroit
County Wayne
State MI
Zip Code 48216

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

District Detroit

Additional Information

Legal S PORTER E 29 FT OF W 58 FT 16 E 29 FT OF W 58 OF N 1/2 15 CATHERINE B HUBBARDS SUB L4 P16 PLATS, W C R 12/24 29 X 85.14A
New Construction No

Financial Details

Annual Property Tax $0
Tax ID # 12000126.
Taxable Value 0.00

Listing Details

AgentNatasha Talley
OfficeBellaBay Realty Tri-Counties

Listing Map

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