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2203 LOTHROP Street
Detroit MI 48206 US

$20,000

Active Listing ID 20240024655
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Lot: 0.20 Acres
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Other

$20,000

Active Listing ID 20240024655
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2203 LOTHROP Street Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 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.

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 20000
  • unparsedaddress: 2203 LOTHROP Street
  • postalcity: Detroit
  • stateorprovince: MI
  • country: US
  • postalcode: 48206
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Acres
  • lotsizearea: 0.2
  • livingareaunits: Square Feet
  • latitude: 42.363214
  • longitude: -83.09533
  • listagentfullname: Natasha C Richards
  • listagentemail: natasharichards@comcast.net
  • listagentkey: 3yd-REALCOMPMI-292343
  • listagentmlsid: 292343
  • listagentpreferredphone: 3132040310
  • listagentofficephone: 2482746614
  • listofficekey: 3yd-REALCOMPMI-385913
  • listofficemlsid: 385913
  • disclaimer: Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • listingcontractdate: 2024-04-17
  • listagenturl: http://www.TheNRichTeam.com
  • countyorparish: Wayne
  • parcelnumber: 10001083.
  • elementaryschooldistrict: Detroit
  • middleorjuniorschooldistrict: Detroit
  • highschooldistrict: Detroit
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.09533, 42.363214
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Listing Changed: 5/16/2024 2:18:10 PM GMT
Source Updated Date: 5/18/2024 6:49:54 AM GMT

Courtesy of: Natasha C Richards, Bellabay Realty Tri Counties, natasharichards@comcast.net

Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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