3525 PORTER Street Detroit, MI $ 8,000
3525 PORTER Street
$ 8,000
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3525 PORTER Street

Detroit, MI, 48216
$ 8,000
Baths0.0

Monthly Estimate*

$ 56

3525 PORTER Street, Detroit, MI 48216 - Image 1
3525 PORTER Street, Detroit, MI 48216 - Image 2
Studio

Lots and Land for sale in Detroit, MI

for $8,000. The lot size is 0.06.

Great build opportunity located in the heart of Mexicantown, and close Detroit's Corktown, social district, and the newly renovated Ford train station. 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 Detroit’s 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 that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

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Lots and Land Active

Price

$ 8,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Vacant Land

Lot Size

0.06

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60301188

Features
General
Possession At Close
Water Public Water
Status Active Active
Subdivision CATHERINE B HUBBARDS (PLATS) MI
Style Vacant Land
County Wayne
Class VACANT LAND
Type Vacant Land
Percent Ownership Government Owned
Municipality Detroit
Zoning Residential
Area Detroit (82001)
Primary City Detroit
Directions E. of 25th South Side of Porter
City Detroit
School District Detroit City School District
Street Name PORTER
Financial Terms Cash
Legal Description S PORTER E 29 FT OF W 58 FT 16 E 29 FT OF W 58 OF N 1/2 15 CATHERINE B HUBBARDS SUB L4 P16 PLATS W C R 12/24 29 X 85.14A
DOM 13
Postal Code 48216
Price Per Sq Ft 133333.33
Coming Soon Great build opportunity located in the heart of Mexicantown and close Detroit's Corktown social district
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Exterior
Frontage 29
Lot Size Area 0.06
Lot Dimensions 29 x 85
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Natasha Richards

Listing Agent

Bellabay Realty Tri Counties

Broker

natasharichards@comcast.net

Email

Affordability Calculator

$56
Per Month
100%
0%
0%
Monthly Principal & Interest
$56
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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!
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$8,000 Listed Price

Map


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3525 PORTER Street, Detroit, MI, 48216 is a Lots and Land for sale at $8,000 with a lot size of 0.06. 3525 PORTER Street is a studio with 0.0 baths. The property's zip code is 48216 which is in Detroit, MI