SUB OF LOT 1 LAFFERTY FARM N OF GD RIVER (PLATS) Real Estate

SUB OF LOT 1 LAFFERTY FARM N OF GD RIVER (PLATS) Real Estate

Welcome to the charming subdivision of Lafferty Farm, nestled in the heart of Detroit City, Wayne County, Michigan. This delightful community, known as the SUB OF LOT 1 LAFFERTY FARM N OF GD RIVER (PLATS), offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Lafferty Farm is characterized by its picturesque tree-lined streets and well-maintained homes, creating a welcoming atmosphere that fosters a strong sense of community. Residents enjoy spacious lots that provide ample room for outdoor activities, gardening, and entertaining. The subdivision is perfect for those who appreciate a peaceful neighborhood while still having easy access to the vibrant city life of Detroit.

Situated just north of the Grand River, Lafferty Farm is conveniently located near essential amenities, including shopping centers, schools, and parks. Families will appreciate the nearby educational institutions, while nature enthusiasts can explore the beautiful green spaces and recreational opportunities that the area has to offer. The proximity to major highways ensures that commuting to downtown Detroit or neighboring cities is a breeze.

In addition to its prime location, Lafferty Farm boasts a rich history and a diverse community. With a variety of home styles available, prospective buyers will find options that suit their taste and lifestyle. Whether you’re looking for a cozy starter home or a spacious family residence, Lafferty Farm has something for everyone.

Discover the charm of Lafferty Farm and experience the perfect blend of suburban living and urban accessibility. Your dream home awaits in this vibrant Detroit community!

Newest Listings in SUB OF LOT 1 LAFFERTY FARM N OF GD RIVER (PLATS)

$54,500
20240024963 MLS
This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x130. Interested buyers should consult our 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.

5034 Vermont St, Detroit

Courtesy of Bellabay Realty Tri Counties 2482746614
$25,000
20240007663 MLS
4 Vacant Land parcels located in the Woodbridge neighborhood. Addresses included in subject listing are: 1944 Putnam, 5104 Vermont, 5114 Vermont, & 5120 Vermont. Lots average .10 acres each. Total purchase price is $25,000. The average new rowhouse development going for an average of $350K. 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 our 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.

1944 Putnam St, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000
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