MI > Wayne > Detroit > 2776-2814 25th Street
  • 0.49 Acres
  • MLS# 20221033505
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Vacant Land. This is a bundled sale with lots 2776, 2784, 2790, 2796, 2800, 2808, 2814 25th St. 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller requires a new build proposal with offer. Purchaser shall present construction plans or precedent architectural images of proposed development. Proposal requirements are attached to listing. Seller Purchase & Development Agreement to be provided upon acceptance of qualifying offer. All proposal requirements must be provided to be considered by Seller. 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 to waive its right to the tax capture for purchasers seeking such tax abatements for a payment in addition to the purchase price. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The waiver may be granted at closing or any time thereafter upon payment by purchaser.

Property Information

Status
Active 
Address
2776-2814 25th Street 
City
Detroit 
Zip
48216 
Lot Size
0.49 
Lot Dimensions:
237.00 x 105.00 
Zoning
Residential, Site Plan Condo
Water
Water at Street 
Listing Date
08/29/2022 
Subdivision
B Briscoes Sub (plats) 
County
Wayne 

School Information

School District
Detroit 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20221033505 Active Aug 29 2022 4:05PM $30,000 592
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MIRC Logo

Listing Courtesy of Premier Property Services Llc
(313) 822-9000
Office Address 19822 Mack Avenue

2776-2814 25th Street Detroit
Contact us
$30,000
For Sale • Acres: 0.49 • School District: Detroit