Detroit, MI 48202,323 KING Street
Detroit, MI 48202,323 KING Street
Detroit, MI 48202,323 KING Street
Detroit, MI 48202,323 KING Street
Detroit, MI 48202,323 KING Street
Detroit, MI 48202,323 KING Street
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$ 53,000
Est. payment | /mo

4,356 Sqft Lot


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$ 53,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 20240024982

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 38 x 114

Source Realcomp

Property Description

Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.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 walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. 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 abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction John R. & Holbrook

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 01002798.

Acceptable Financing Cash

Listing Terms Cash

Listed by Bellabay Realty Tri Counties

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agent
Luke Boyea

Agent | License ID: 404566

+1(231) 818-9328

164 Indusco Ct., Troy, MI, 48083

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323 KING Street