Detroit, MI 48208 2011,1925 MERRICK Street
Detroit, MI 48208 2011,1925 MERRICK Street
Detroit, MI 48208 2011,1925 MERRICK Street
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$ 19,900
Est. payment | /mo

2,613 Sqft Lot


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$ 19,900
Est. payment | /mo
Save

2,613 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 60381653

Style Vacant Land

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25.00 x 99.00

Property Sub-Type Vacant Land

Property Description

Looking for a new build infill opportunity in the thriving Woodbridge community close to downtown? BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Building

Water Public Water

Schools

School District Detroit City School District

Others

Ownership Government Owned

Financing Cash

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Bellabay Realty Tri Counties
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42094 Garfield Rd, Clinton Twp, MI, 48038, USA

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1925 MERRICK Street