5658 TALBOT ST Pending Save Request In-Person Tour Request Virtual Tour
Hamtramck,MI 48212
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Pending
Purchase Type For Sale
Subdivision The J L Hudson Company (Plats)
MLS Listing ID 20240024643
Property Sub-Type ImprovedLand
Property Description
Great build opportunity on the border of Hamtramck. Addresses include 5658 (60x100) 5690 Talbot (47x49) 5680 Talbot (30x100), 5650 Talbot (30x100), 5644 Talbot (30x100), 5642 Talbot (30x100)
and 5632 Talbot (30x100). 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.SEE ADDITIONAL ATTACHED DOCS
Location
State MI
County Wayne
Area Area05052Det6Macki75Conner
Exterior
View Y/N No
Building
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo