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503 LAKEWOOD Street Detroit, MI $ 10,000
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$ 10,000 Get more info
503 LAKEWOOD Street
$ 10,000
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503 LAKEWOOD Street

Detroit, MI, 48215
$ 10,000
Baths0.0

Monthly Estimate*

$ 62

503 LAKEWOOD Street, Detroit, MI 48215 - Image 1
503 LAKEWOOD Street, Detroit, MI 48215 - Image 2
503 LAKEWOOD Street, Detroit, MI 48215 - Image 3
503 LAKEWOOD Street, Detroit, MI 48215 - Image 4
Studio

Lots and Land for sale in Detroit, MI

for $10,000. The lot size is 0.12.

Great property for infill building located in the Jefferson Chalmers NEZ site. Buyer must submit an app to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. This property is within walking distance to the Q-Line and New Center Area. 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 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. Please see attached documents for DLBA requirements and offer submission information. BATVAI

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Lots and Land Pending

Price

$ 10,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Vacant Land

Lot Size

0.12

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60318237
Features
General
Possession At Close
Water Public Water
Status Pending Pending
Subdivision LAKEWOOD BLVD ADDITION (PLATS) MI
Style Vacant Land
County Wayne
Class VACANT LAND
Type Vacant Land
Ownership Government Owned
Municipality Detroit
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions TAKE JEFFERSON HEADED EAST PASS CONNER. MAKE RIGHT ONTO LAKEWOOD ON CORNER OF ESSEX
City Detroit
School District Detroit City School District
Financial Terms Cash
Legal Description W LAKEWOOD 54 LAKEWOOD BLVD ADDITION SUB L30 P6 PLATS W C R 21/401 40 X 129.63A
DOM 178
Postal Code 48215
Price Per Sq Ft Total AG 83333.33
Public Remarks Great property for infill building located in the Jefferson Chalmers NEZ site. Buyer must submit an app to purchase
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Exterior
Frontage 40
Lot Size Area 0.12
Lot Dimensions 40 x 130
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Leonard Pickett

Listing Agent

Rch Brokerage Legacy Inc

Broker

lpickettiii@rchlegacy.com

Email

Affordability Calculator

$62
Per Month
100%
0%
0%
Monthly Principal & Interest
$62
Monthly Property Taxes
--
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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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/24/2024$10,000 Listed Price

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503 LAKEWOOD Street, Detroit, MI, 48215 is a Lots and Land for sale at $10,000 with a lot size of 0.12. 503 LAKEWOOD Street is a studio with 0.0 baths. The property's zip code is 48215 which is in Detroit, MI

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