LOT SIZE 0.110 acres
MLS#20250023928
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONDANIEL SCOTTENS SUB (PLATS)
SCHOOLDetroit
Property Description
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.
Property Features
Property Type: Land - Residential
Lot Size: 0.11 Acres
Feature Descriptions
Days on Site: 357
Frontage Feet: 30
Lot Dimensions: 0.11 Acre(s)
Road Frontage: Paved
Sewer: Sewer (Sewer-Sanitary)
Summer Tax: $0.0000
Water: Public (Municipal)
Winter Tax: $0.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Bellabay Realty Tri Counties
Agency Phone: (248) 274-6614
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimate Your Payment
Estimated Payment
$ 221.52 per month $195.85 Principal & Interest $0.00 Property Tax (data not provided by mls) $25.67 Homeowner's Insurance
5125 Bangor Street | MLS# 20250023928
This land located at 5125 Bangor Street, Detroit, MI 48210 is currently listed for sale with an asking price of $88,000. The property has approximately 0.11 Acres. Bangor Street is located within the Detroit school district. Search Detroit real estate on www.griffithrealty.com today.