7545 Dunedin Street, Detroit, Michigan

$2,500

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0.09

Acres

About 7545 Dunedin Street

Vacant Land. 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. 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 to waive its right to the tax capture for purchasers seeking such tax abatements for a payment in addition to the purchase price. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The waiver may be granted at closing or any time thereafter upon payment by purchaser.

Features of 7545 Dunedin Street

MLS® # 60134292
Price $2,500
Acres 0.09
Type Land
Sub-Type Vacant Land / Dockominium
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 7545 Dunedin Street
Area Detroit
Subdivision T S Andersons Sub (plats)
City Detroit
County Wayne
State Michigan
Zip Code 48206 2621

Amenities

Is Waterfront No

School Information

District Detroit City School District

Additional Information

Zoning Residential
Foreclosure Yes
Short Sale No
RE / Bank Owned No

Listing Details

OfficePremier Property Services LLC

Listing Map

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