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+15868545396
Community Choice Realty
8601 Chalfonte Street, Detroit, MI 48238 1722
- $16,000
- List Price
- $16,000
- Status
- ACTIVE
- MLS#
- 60960451
- Days on Market
- 302
- Acres
- 0.10
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Brae Mar 1
Property Description
DLBA-owned vacant land located in the Chalfonte neighborhood and offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This parcel must be sold together with 8611 Chalfonte St for a total purchase price of $16,000. No separate sales. Assemblage subject to DLBA and City of Detroit approval. Property presents an opportunity for infill development consistent with neighborhood revitalization goals. Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Planning and Development Department (PDD). To be considered, buyer must submit a complete DLBA proposal package including: project proposal describing intended use and timeline, proof of funds (bank statement or lender letter), site plan or concept drawing, and proof of prior similar projects (addresses and photos). Sale is contingent upon execution of a DLBA Development Agreement. DLBA retains the right to tax recapture for five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to DLBA review of development pro forma and financing. Interested buyers should contact the listing broker for the application link and submission instructions.
Additional Information
- Lot Dimensions
- 33.8 x 127
- Water
- Public
- School District
- Detroit City School District
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Listing Courtesy of Atlas Properties Inc, Office Phone: 313-598-2566
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.