About 4200 Lawton Street
This vacant lot is bundled with 4228,4210,4216,4222,4234,4240, and 4250 Lawton. A total of 8 lots. Not sold separately. Totaling= 26,869 sqft. 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 abatement 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 abatement on the purchase and development financing.
Features of 4200 Lawton Street
MLS® # | 60187104 |
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Price | $75,000 |
Acres | 0.08 |
Type | Land |
Sub-Type | Vacant Land / Dockominium |
Status | Active |
Source MLS | MiRealSource |
Originating MLS | RealComp |
Community Information
Address | 4200 Lawton Street |
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Area | Detroit |
Subdivision | Currys Sub Of O L 7 Of Sub Of R C Pc 729 (plats) |
City | Detroit |
County | Wayne |
State | Michigan |
Zip Code | 48208 2530 |
Amenities
Is Waterfront | No |
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School Information
District | Detroit City School District |
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Additional Information
Zoning | Residential |
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Foreclosure | Yes |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RCH Brokerage Legacy Inc |
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