17201 Trinity St, Detroit, MI 48219

$11,964

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$11,964
MLS#
20240074193
Status
ACTIVE
Subdivision
HITCHMANS THOMAS SUB OF PART OF SEC 10

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. 3 buildable lots ready for your land based ideas. Over 60,000 sqft. of space just waiting for your designs and ideas. Sale includes 17177 and 17191 Trinity. This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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 Detroit Land bank Authority 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Additional Information

Acres
0.47
Acres
0.47
School District
Detroit

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Real Estate One-Southfield 2487230055