Located in the Detroit's popular North End neighborhood ,this vacant lot is bundled with 570, 562, 552, and 542 Westminster. A total of 5 lots Totaling= 28,750 sqft. Not sold separately. Zoned R3.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. BATVAI
Listed By
Agency Name: RCH Brokerage Legacy Inc
Agency Phone: (248) 440-2268
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 125.61 per month $111.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $14.55 Homeowner's Insurance
578 Westminster Street | MLS# 20261032941
This land located at 578 Westminster Street , Detroit, MI 48202 is currently listed for sale with an asking price of $49,900. The property has approximately 0.13 Acres. Westminster Street is located within the Detroit school district. Search Detroit real estate on www.griffithrealty.com today.