Detroit, MI 48214,7719 E LAFAYETTE Street
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Detroit, MI 48214,7719 E LAFAYETTE Street
Detroit, MI 48214,7719 E LAFAYETTE Street
Detroit, MI 48214,7719 E LAFAYETTE Street
Detroit, MI 48214,7719 E LAFAYETTE Street
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7719 E LAFAYETTE Street Detroit, MI 48214

1,742 Sqft Lot


UPDATED:

10/22/2024 01:38 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20230086758

Originating Board Realcomp

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 35 x 49

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. 2 Buildable lots in the heart of the "Islandview subdivsion. " Sale includes 1000 Baldwin. 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. The goal is to mirror town homes in the area. Two family an quadruplexes will work best in this area. 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 Wayne County - 100

Zoning Residential

Direction Jefferson east to E. Grand blvd go north to E. Lafayette go east.

Exterior

View Y/N No

Others

Tax ID 17011064.

Acceptable Financing Cash

Listing Terms Cash


Listed by Real Estate One-Southfield

Shannon Prain

Broker Associate | License ID: 6506046723

+1(517) 937-7834

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7719 E LAFAYETTE Street