5954 Brush St, Detroit, MI 48202

This exceptional .16-acre vacant land parcel, totaling 6,975 square feet, presents a remarkable development opportunity in Detroit's vibrant Milwaukee Junction neighborhood. Located at 5954 Brush Street, this property includes contiguous addresses 5936, 5940, 5942, and 5946 Brush Street, offering significant buildable area. The R5 zoning allows for a variety of high-density residential development options, making it ideal for multi-family projects. The property is situated near Midtown, offering convenient access to amenities and transportation. It's important to note that the Detroit Land Bank Authority (DLBA) retains tax capture rights for five years post-sale. This tax capture may affect the feasibility of certain tax abatements and lot combinations. The DLBA will consider waivers of these rights, potentially requiring a payment in lieu of taxes, determined by a review of the development plan and its impact on financing. The DLBA mandates a minimum of two housing units in any new development on this site. This prime location and flexible zoning make this a compelling investment for developers seeking to capitalize on Detroit's burgeoning residential market. The asking price for this exceptional opportunity is $105,000.