3604 Saint Aubin St Detroit, MI 48207

This property is part of a five-lot bundle, including 3610, 3620, 3628, and 3640 St. Aubin, totaling 21,760 square feet, and is not sold separately. Located in Detroit, MI 48207, the land is zoned for residential use. The Detroit Land Bank Authority (DLBA) is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and enhance density and walkability. Interested buyers should consult the DLBA's proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context. Please note that the DLBA is entitled to a tax capture for the five tax years following the property ownership transfer. This tax capture may be incompatible with other tax abatements available to the purchaser. The 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 the effect of any tax abatement on the purchase and development financing. Additional documents are available outlining DLBA requirements and offer submission information. The lot size is approximately 0.14 acres.