1231 24TH Street Detroit, MI 48216
- Added:
- Jun 20, 2024
- Days on Market:
- 651
- Last Refresh:
- Apr 1 at 6:06 pm
Property Features for 1231 24TH Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- W12I009077S
- Lot size
- 0.23 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 40
Building Details
- Architectural style
- Other
Listing agent Erick Monzo (586) 210-3350
Listing office Keller Williams Realty-Great Lakes 28220 Harper, St. Clair Shores, MI (586) 541-4000
Listing date Jun 20, 2024
MLS# 20240043873
Listing URL
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Overview
Detroit Land Bank Authority Offering
This offering from the Detroit Land Bank Authority is a vacant land parcel located in Detroit, Michigan, specifically in the Mexicantown neighborhood. The lot has a size of 0.23 acres and is zoned for residential use. Its location provides convenient access to nearby expressways, facilitating commutes to work or downtown Detroit. Prospective purchasers should note that the Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the five tax years following the property's ownership transfer. This tax capture might not be compatible with other tax abatements available to the purchaser. The DLBA will consider requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes for approval. The payment amount will be determined after reviewing the development proforma and the impact of any tax abatement on the purchase and development financing.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0837635
- Latitude
- 42.3192472
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Vacant land near expressways in Detroit's Mexicantown.
Where is this land located?
The property is located at 1231 24TH Street Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Located in the vibrant Mexicantown.; Property offered by the Detroit Land Bank Authority.; Conveniently located near expressways.
