5230 LINWOOD Street Detroit, MI $ 114,000
5230 LINWOOD Street
$ 114,000
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5230 LINWOOD Street

Detroit, MI, 48208
$ 114,000
Baths0.0

Monthly Estimate*

$ 711

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5230 LINWOOD Street, Detroit, MI 48208 - Image 11
5230 LINWOOD Street, Detroit, MI 48208 - Image 12
Studio

Lots and Land for sale in Detroit, MI

for $114,000. The lot size is 0.11.

Welcome to the latest offering from the Detroit Landbank Authority. 4 buildable lots just waiting for your development ideas. Over 15,000 sqft. of land to create the ultimate project. Sale includes 5248,5249 and 5254 Linwood. The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walk ability. 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 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.

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Lots and Land Active

Price

$ 114,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

UnimprovedLand

Lot Size

0.11

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240093459

Features
General
Sewer SewerAtStreet
Possession AtClose
Property Subtype UnimprovedLand
County Wayne
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name FORDS SUB (PLATS)
Garage Y/N N
Status Active
Directions i-94 to grand river go south to linwood
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
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 0
Expected Active Date 2024-12-23
Legal Description E LINWOOD 6 FORDS SUB L10 P23 PLATS W C R 10/89 30 X 151.56
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Exterior
Water Source WateratStreet
Lot Size Area 0.11
Spa N
Lot Dimensions 30 x 152
Lot Size Acres 0.11
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
Half Baths 0
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Internal Only
Street Number 1 5230
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* Excluded Features
List By
Gene Kelley II

Listing Agent

Real Estate One-Southfield

Broker

(248) 723-0055

Phone

Affordability Calculator

$711
Per Month
100%
0%
0%
Monthly Principal & Interest
$711
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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/23/2024$114,000 Listed Price

Map


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5230 LINWOOD Street, Detroit, MI, 48208 is a Lots and Land for sale at $114,000 with a lot size of 0.11. 5230 LINWOOD Street is a studio with 0.0 baths. The property's zip code is 48208 which is in Detroit, MI