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$ 60,000
Est. payment /mo
Active
5767 Wabash ST Detroit, MI 48208
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Plat Of Godfroy Farm
MLS Listing ID 20251037276
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type ImprovedLand
Property Description
Great infill opportunity located close to Motown Museum and Henry Ford expansion. Billions of dollars earmarked for development in the vicinity. 3lots included, 5767, 5773 Wabash and 2105 Antoinette, for a total of $60,000 and cannot be sold separately. Zoned R2 Residential. 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 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.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, QuitClaimsDeed
Listing Terms Cash, QuitClaimsDeed
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Natasha C Richards of Bellabay Realty Tri Counties
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