Great property for infill building located in Detroit’s Piety Hill neighborhood. Zoned R5. 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 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.
Listed By
Agency Name: RCH Brokerage Legacy Inc
Agency Phone: (248) 440-2268
Shown By
Agent Name: Julie Fessler
Agent Phone: (810) 227-1016 ext. 220
Agency Title: Griffith Realty
Estimated Payment
$ 25.17 per month $22.26 Principal & Interest $0.00 Property Tax (data not provided by mls) $2.92 Homeowner's Insurance
130 Hazelwood Street | MLS# 20261023893
This land located at 130 Hazelwood Street, Detroit, MI 48202 is currently listed for sale with an asking price of $10,000. The property has approximately 0.13 Acres. Hazelwood Street is located within the Detroit school district. Search Detroit real estate on juliea.fessler.griffithrealty.com today.