Great property for infill building located in Detroit’s Piety Hill neighborhood. This property is within walking distance to the Q-Line and New Center Area. It is also in close proximity Henry Ford Hospital.Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission information.
Property Details
Price:
$34,000
MLS #:
20240080318
Status:
Active
Beds:
0
Baths:
0
Address:
690 W PHILADELPHIA ST
Type:
Land
Subtype:
Unimproved Land
Subdivision:
SMITHS SUB
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Oct 23, 2024
State:
MI
ZIP:
48202
Lot Size:
8,712 sqft / 0.20 acres (approx)
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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Schools
School District:
Detroit
Interior
Exterior
Financial
Map
Community
- Address690 W PHILADELPHIA ST Detroit MI
- SubdivisionSMITHS SUB
- CityDetroit
- CountyWayne
- Zip Code48202
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