2939 SHERIDAN Street, Detroit, MI 48214
2939 SHERIDAN Street, Detroit, MI 48214
2939 SHERIDAN Street, Detroit, MI 48214
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$20,000
Est. payment /mo
3,049 Sqft Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240026555

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30 x 100

Source Realcomp

Property Description

THIS BUNDLE INCLUDES 2939 SHERIDAN, 2945 SHERIDAN, 2951 SHERIDAN AND MUST BE PURCHASED TOGETHER. TOTAL LISTING PRICE IS $20,000. Check out this latest offering from the Detroit Land Bank Authority located at Kerchaeval Avenue and E Grand Blvd in the Islandview neighborhood. This THREE lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing over $5 million to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey Academy, Please note that 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 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 abatement on the purchase and development financing.

Location

State MI

County Wayne

Zoning Residential

Direction Near the New Butzel Playground. On the cusp of West Village in the heart of island view neighborhood

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 17013339.

Acceptable Financing Cash

Listing Terms Cash

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Listed by Keller Williams Realty-Great Lakes

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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