3173 Concord Street, Detroit, Michigan

$35,000

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0.32

Acres

About 3173 Concord Street

Located in an up and coming Island View area, new construction builds are coming up everywhere, so don't miss out on your opportunity to own seven lots!! Addresses include 3173, 3215, 3209, 3199, 3191, 3165, and 3159 Concord. 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. 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 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 purchase and development financing

Features of 3173 Concord Street

MLS® # 60301112
Price $35,000
Acres 0.32
Type Land
Sub-Type Vacant Land / Dockominium
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 3173 Concord Street
Area Detroit
Subdivision Mc Leods Sub (plats)
City Detroit
County Wayne
State Michigan
Zip Code 48207 2509

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

OfficeBellabay Realty Tri Counties

Listing Map

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