2926 Sheridan Street, Detroit, Michigan

$7,799

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0.07

Acres

About 2926 Sheridan Street

Welcome to the latest offering from the Detroit Land Bank Authority. 5 buildable lots located in the highly sought after Islandview community. 2932, 2938,2944,2950 Sheridan also included in the sale. 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. The DLBA is looking for Single family, two family, duplex, townhomes, Rear access Garages. 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.

Features of 2926 Sheridan Street

MLS® # 60276598
Price $7,799
Acres 0.07
Type Land
Sub-Type Vacant Land / Dockominium
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 2926 Sheridan Street
Area Detroit
Subdivision Boulevard Park Sub (plats )
City Detroit
County Wayne
State Michigan
Zip Code 48214 1725

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

OfficeReal Estate One-Southfield

Listing Map

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