3021 Beals Street, Detroit, MI

$50,000

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0.07

Acres

About 3021 Beals Street

Great infill opportunity located in the West Village Neighborhood Enterprise Zone (NEZ). 5 lots include 3021, 3027, 3011, 3017, 3035 Beals. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLIMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.

Features of 3021 Beals Street

MLS® # 24005668
Price $50,000
Bathrooms 0.00
Acres 0.07
Type Land
Sub-Type Lot
Status Active

Community Information

Address 3021 Beals Street
Area Wayne County - 100
City Detroit
County Wayne
State MI
Zip Code 48214

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

District Detroit

Additional Information

Legal W BEALS 24 HUGO SCHERERS SUB L22 P57 PLATS, W C R 17/226 30 X 100
New Construction No

Financial Details

Annual Property Tax $0
Tax ID # 17010472.
Taxable Value 0.00

Listing Details

AgentNatasha Talley
OfficeBellaBay Realty Tri-Counties

Listing Map

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