323 King Street, Detroit, MI

$53,000

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0.10

Acres

About 323 King Street

Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.The DLBA is seeking proposals for small to medium scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. 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 abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Features of 323 King Street

MLS® # 24003942
Price $53,000
Bathrooms 0.00
Acres 0.10
Type Land
Sub-Type Lot
Status Active

Community Information

Address 323 King Street
Area Wayne County - 100
City Detroit
County Wayne
State MI
Zip Code 48202

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

District Detroit

Additional Information

Legal N KING E 15 FT 68 W 23 FT 69 JOS R MCLAUGHLINS L16 P77 PLATS, W C R 1/115 38 X 114.44
New Construction No

Financial Details

Annual Property Tax $0
Tax ID # 01002798.
Taxable Value 0.00

Listing Details

AgentNatasha Talley
OfficeBellaBay Realty Tri-Counties

Listing Map

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