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7719 E Lafayette Street , Detroit, MI 48214

$18,000
  • 7719 E Lafayette Street , Detroit, MI 48214 Main Photo

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New to the Market Active
LOT SIZE 0.040 acres MLS#20261038488
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONWessons Sub Of Lts 19 Th Ru 24 SCHOOLDetroit

Property Description

Prime development opportunity in Detroit’s Islandview neighborhood, offering endless potential in a rapidly developing residential area. Located just minutes from Detroit’s riverfront, Belle Isle, and Downtown Detroit, these parcels provide an ideal canvas for new residential construction in a vibrant and growing community. Convenient access to major corridors, neighborhood amenities, and ongoing redevelopment makes this an excellent opportunity for builders, developers, or long-term investors. This sale includes land on 1000 Baldwin and 7719 E. Lafayette. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.

7719 E Lafayette Street | MLS# 20261038488

This land located at 7719 E Lafayette Street , Detroit, MI 48214 is currently listed for sale with an asking price of $18,000. The property has approximately 0.04 Acres. E Lafayette 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: 0.04 Acres

Feature Descriptions

Days on Site: 1
Lot Dimensions: 0.04 Acre(s)
Road Frontage: Paved
Sewer: Sewer (Sewer-Sanitary)
Summer Tax: $1.0000
Water: Public (Municipal)
Winter Tax: $1.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Next Level Realty & Investments
Agency Phone: (734) 506-0076

Shown By

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

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Estimated Payment

$ 45.31 per month $40.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $5.25 Homeowner's Insurance

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