531 E GRAND BLVD Detroit, MI $ 340,000
531 E GRAND BLVD
$ 340,000
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531 E GRAND BLVD

Detroit, MI, 48207
$ 340,000
Baths0.0

Monthly Estimate*

$ 2,121

531 E GRAND BLVD, Detroit, MI 48207 - Image 1
531 E GRAND BLVD, Detroit, MI 48207 - Image 2
531 E GRAND BLVD, Detroit, MI 48207 - Image 3
531 E GRAND BLVD, Detroit, MI 48207 - Image 4
531 E GRAND BLVD, Detroit, MI 48207 - Image 5
531 E GRAND BLVD, Detroit, MI 48207 - Image 6
Studio

Lots and Land for sale in Detroit, MI

for $340,000. The lot size is 0.8.

We are pleased to offer a unique development site for sale in Detroit's Islandview neighborhood. Development Potential - Zoned R5 - Medium Density Residential. Allows "from the single-family detached dwelling to medium-density multiple-family dwellings" as well as some commercial uses. - 16 townhome or 30 apartment development Property Description - 1 parcel: 531 E. Grand - 0.80 acres | 35,000sf - 146' frontage on East Vernor Hwy. - 240' frontage on East Grand Blvd. This site is also part fo a package that consists of two sites. Each can be sold separately or bundled together. See listing for 365 E. Grand Blvd. for the other site.

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Lots and Land Active

Price

$ 340,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 569

Style

UnimprovedLand

Lot Size

0.8

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20221067147

Features
General
Sewer PublicSewer SewerAtStreet
Possession AtClose
Property Subtype UnimprovedLand
County Wayne
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name J B MC KAYS SUB (DEEDS)
Garage Y/N N
Status Active
Directions East on Jefferson Left on East Grand. Property is at the NW corner of E Grand and Vernor
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Residential
MLS Area Area05053DetWoodwardMcclellanSoMack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 569.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 6528
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2022-12-08
Legal Description W E GRAND BLVD S 35FT 179 180-183 LOTHROP EST CO LTD SUB L24 P21 PLATS WCR 15/106 240.55 X 146.30
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Exterior
Lot Features CornerLot Level
Water Source Public WateratStreet
Lot Size Area 0.8
Spa N
Lot Dimensions 240.00X146.00
Lot Size Acres 0.8
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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Internal Only
Street Number 1 531
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* Excluded Features
List By
Jerome Huez

Listing Agent

Berkshire Hathaway Homeservices The Loft Warehouse

Broker

(313) 658-6400

Phone

Affordability Calculator

$2,169
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,121
Monthly Property Taxes
$47
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$340,000 Listed Price

Map


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531 E GRAND BLVD, Detroit, MI, 48207 is a Lots and Land for sale at $340,000 with a lot size of 0.8. 531 E GRAND BLVD is a studio with 0.0 baths. The property's zip code is 48207 which is in Detroit, MI