Detroit, MI 48210,3555 LOVETT Street
Detroit, MI 48210,3555 LOVETT Street
Detroit, MI 48210,3555 LOVETT Street
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$120,000
Est. payment /mo
4,356 Sqft Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Scotten & Lovetts Sub (Plats)

MLS Listing ID 20250022277

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 30 x 146

Source Realcomp II Ltd

Property Description

8 lots with over 35,000 square feet offered, so bring hard hat and your imagination. This land offers a prime opportunity, situated close to Corktown and downtown Detroit, making it an attractive investment for the right buyer. Addresses include 3555, 3533, 3539, 3545, 3549, 3561, 3567, 3573 Lovett for a total of $120,000. 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 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.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Residential

Direction W. of Scotten, S. of Magnolia

Exterior

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID 14010858.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash


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Realcomp MLS
Listed by Natasha C Richards of Bellabay Realty Tri Counties
agent

Found It Homes

Agent

+1(800) 790-7576

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