• Asking Price $13,876
  • 5092 CHARLES ST HAMTRAMCK, MI 48212

  • 1 Bath
  • Vacant Land / Resale (MLS)

Property Details for 5092 CHARLES ST, HAMTRAMCK, MI 48212

Features

  • Lot Size: 0.07 acres
  • Stories: 1
  • Heating: Forced air unit
  • Exterior Walls: Wood Siding

Facts

  • Year Built: 01/01/1926
  • Property ID: 913006637
  • MLS Number: 60334747
  • Parcel Number: 13006819.
  • 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. Welcome to the latest offering from the Detroit land Bank authority. 3 buildable lots in the Buffalo/Charles area, right across the street from a park on the border of Hamtramck. Sale includes 5086 and 5098 charles as well. Over 9000 Sqft of buildable land zoned residential. 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 Detroits 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 abatements and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a UltraForeclosures.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: Real Estate One 26261 Evergreen Road Ste 180 Southfield MI 48076
Copyright © 2024 Realcomp Limited II. 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.