Residential Land for Sale in Detroit, Michigan

227 Belmont St Detroit, MI 48202

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$19,220
0.1 acres
Active sale agoEst $156/mo

Welcome to the latest offering from the Detroit Land Bank Authority. 3 buildable lots in the Greater Northend "Gateway" community. Sale includes, 219 and 231 Belmont for approximately 13,000 sqft of buildable area. This area is subject to guidelines of the neighborhood study to help bolster inclusive projects and diverse community participation. .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. 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

Directions

Woodward south to calvert go east to belmont go south

Location

Street Address
227 Belmont St
Community
Moore Hodges & Warrens Sub (Plats)
School District
Detroit
Elevation
633 feet
Coordinates
42.3902, -83.0822

Property details

Zoning
Residential
MLS Number
REALCOMP 20240060322
Date Posted

Parcels

  • 01003261.

Legal description

This 0.1-acre property is located at 227 Belmont St in Detroit, MI 48202 with latitude 42.3902 and longitude -83.0822. The property is currently available for sale for $19,220 with a price per acre of $192,200. Listing data is sourced from Realcomp Limited II # 20240060322.

Verify sale details at the property source or contact Real Estate One at (248) 304-6700.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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