3254 CANTON Street Detroit, MI 48207

Listing agent Erick Monzo Show Phone

Listing office Keller Williams Realty-Great Lakes j***@kw.com 28220 Harper, St. Clair Shores, MI Show Phone

Listing date Aug 13, 2024

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MLS# 20240058086 Listing URL

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Investment Insights

Based on property information with market context.

This residential vacant lot is offered by the Detroit Land Bank and is located in the Islandview neighborhood, minutes from Downtown Detroit. The Detroit Land Bank recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The lot size is 0.07 acres. The Detroit Land Bank is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatement that are otherwise available to the selected purchaser. The Detroit Land Bank 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.

Key Highlights

• Vacant residential lot suitable for development
• Located in the Islandview neighborhood
• Minutes from Downtown Detroit

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FAQs

What type of property is this?

Residential land & home lot - Residential vacant lot in Detroit's Islandview neighborhood.

Where is this residential land & home lot located?

The property is located at 3254 CANTON 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: Vacant residential lot suitable for development; Located in the Islandview neighborhood; Minutes from Downtown Detroit