5500 TALBOT Street, Hamtramck, MI 48212 - MLS#20240063812

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Coldwell Banker Town & Country Real Estate

karengillrealestate@gmail.com +1(810) 397-4451

$15,500

Est. payment - /mo

4,356 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision The J L Hudson Company (Plats)

MLS Listing ID 20240063812

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 20 x 218

Source Realcomp II Ltd

Property Description

This property is in a 3 lot bundle with 5506 and 5510 Talbot. All Totaling 10,373 sqft. Not sold separately. Lots zoned R2.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 walkability. Interested buyers should consult DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI

Location

State MI

County Wayne

Area Hamtramck

Zoning Residential

Direction TAKE MCNICHOLS HEADED EAST PASS DEQUINDRE. MAKE RIGHT ONTO CONANT HEAD SOUTH. MAKE LEFT ONTO TALBOT. PLOTS ON THE RIGHT SIDE. CORNNER OF BUFFALO AND TALBOT.

Exterior

Road Frontage Paved

Building

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Hamtramck

Others

Tax ID 13005984.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc

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Coldwell Banker Town & Country Real Estate

+1(810) 397-4451

Broker | License ID: 308761

Broker License ID: 308761

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5500 TALBOT Street Hamtramck, MI 48212

Coldwell Banker Town & Country Real Estate

Key Details

Location

Exterior

Building

Schools

Others

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