Detroit, MI 48208,5034 VERMONT Street
Detroit, MI 48208,5034 VERMONT Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
22
Jul
Wed
23
Jul
Thu
24
Jul
$ 54,500
Est. payment | /mo

3,920 Sqft Lot


Save
$ 54,500
Est. payment | /mo
Save

3,920 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240024963

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30 x 130

Source Realcomp

Property Description

This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x130. 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 DLBA 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.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction N. Warren, W. Rosa Parks

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 08008430.

Acceptable Financing Cash

Listing Terms Cash

Listed by Bellabay Realty Tri Counties

GET MORE INFORMATION

agent
Luke Boyea

Agent | License ID: 404566

+1(231) 818-9328

164 Indusco Ct., Troy, MI, 48083

Name
Phone*
Message

Go tour this home

5034 VERMONT Street