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5780 Garland Street, Detroit, MI 48213

$20,000
  • 5780 Garland Street, Detroit, MI 48213 Main Photo

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New to the Market Active
LOT SIZE 0.100 acres MLS#20261021544
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONGratiot Ave Land Cos Sub SCHOOLDetroit

Property Description

Investment opportunity in West End! This bundle includes two properties at 5784 Garland and 5780 Garland for a total of $20,000. 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 the 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 DLBA 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.

5780 Garland Street | MLS# 20261021544

This land located at 5780 Garland Street, Detroit, MI 48213 is currently listed for sale with an asking price of $20,000. The property has approximately 0.10 Acres. Garland Street is located within the Detroit school district. Search Detroit real estate on www.griffithrealty.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.10 Acres

Feature Descriptions

Days on Site: 1
Lot Dimensions: 0.10 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: Keller Williams Realty-Great Lakes
Agency Phone: (586) 541-4000

Shown By

Agency Title: Griffith Realty
Agency Phone: 810-227-1016

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Estimated Payment

$ 50.34 per month $44.51 Principal & Interest $0.00 Property Tax (data not provided by mls) $5.83 Homeowner's Insurance

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