5131 BANGOR StreetDetroit, MI 48210
$88,000
Listing courtesy of Bellabay Realty Tri Counties
About
This Home
New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 4 lots are included in the sale, 5131, 5125, 5137, 5143 Bangor, totaling 24,485 square feet. The total price for all lots are $88,000. Sale contingent on buyer/seller executed development agreement. 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 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.
Details
- Property Type
- Land
- Style
- Unimproved Land
- Lot Size
- 0.11 acres
- Heating
- None
- Cooling
- None
- MLS #
- 20250022284
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of Bellabay Realty Tri Counties. MLS # 20250022284. Information is deemed reliable but not guaranteed and should be independently verified.
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