Detroit, MI 48208,5230 LINWOOD Street
See all 12 photos
Detroit, MI 48208,5230 LINWOOD Street
Detroit, MI 48208,5230 LINWOOD Street
Detroit, MI 48208,5230 LINWOOD Street
Detroit, MI 48208,5230 LINWOOD 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
Sat
3
May
Sun
4
May
Mon
5
May
$ 114,000
Est. payment /mo
Save
Active

5230 LINWOOD Street Detroit, MI 48208

4,791 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240093459

Originating Board Realcomp

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 30 x 152

Property Description

Welcome to the latest offering from the Detroit Landbank Authority. 4 buildable lots just waiting for your development ideas. Over 15,000 sqft. of land to create the ultimate project. Sale includes 5248,5249 and 5254 Linwood. 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 walk ability. 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 i-94 to grand river go south to linwood

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 10007346.

Acceptable Financing Cash

Listing Terms Cash


Listed by Real Estate One-Southfield
agent

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

GET MORE INFORMATION

Name
Phone*
Message
Go tour this home

5230 LINWOOD Street