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1157 EDISON ST DETROIT, MI 48202
- Vacant Land / Resale (MLS)
Property Details for 1157 EDISON ST, DETROIT, MI 48202
Features
- Lot Size: 5227
- Stories: 200
- Heating: Forced air unit
- Exterior Walls: Brick
Facts
- Year Built: 01/01/1915
- Property ID: 869473889
- MLS Number: 24014202
- Parcel Number: 06002387.
- Property Type: Vacant Land
- County: WAYNE
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital, Wayne State Univ., Midtown, & Minutes from Downtown. Lot is 40x133.50 and ready for your dream home! 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.
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Property Brokerage:
BellaBay Realty Tri-Counties
37361 8 Mile Road
Livonia
MI
Copyright © 2024 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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