Investment opportunity in West End! This bundle includes two properties at 5784 Garland and 5780 Garland for a total of $20,000. The DLBA is seeking proposals that 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 the proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that 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 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.
Listed By
Agency Name: Keller Williams Realty-Great Lakes
Agency Phone: (586) 541-4000
Shown By
Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty
Estimated Payment
$ 117.71 per month $111.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $5.83 Homeowner's Insurance
5784 Garland Street | MLS# 20261020742
This single family home located at 5784 Garland Street, Detroit, MI 48213 is currently listed for sale with an asking price of $20,000. This property was built in 1921 and has 3 bedrooms and 1 full baths with 1076 sq. ft. Garland Street is located in the Gratiot Ave Land Cos Sub subdivision within the Detroit school district. Search Gratiot Ave Land Cos Sub real estate on www.therealtycouple.com today.