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Land > Vacant Land / Residential
Active
04/23/2024
List Price
$20,000

2499 Townsend St
Detroit, MI 48214

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  • 2499 Townsend St, Detroit, MI 48214 is a vacant/residential land of 0.100 acres. This vacant / residential is currently listed for $20,000.

    MLS Description

    The listing agent's description. Original Listing

    This site qualifies for West Village NEZ for Infill Development. The DLBA expectation for these lots is a new build/ground-up development. THIS BUNDLE INCLUDES 2499 TOWNSEND, 2505 TOWNSEND AND MUST BE PURCHASED TOGETHER. Check out this latest offering from the Detroit Land Bank Authority located at Vernor Hwy and Grand Blvd in the Islandview neighborhood. This TWO lot bundle is conveniently located 7 minutes from Eastern Market and only a short distance to Downtown Detroit. The City of Detroit announced they are investing millions to improve the up-and-coming area. Check out the nearby New Butzel Playfield as well as improvements to Marcus Garvey Academy. 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.

    Listing Agents

    The listing agent for 2499 Townsend St is Erick Monzo.

    Current Ownership

    Information about the current owner(s).

    Property History

    2499 Townsend St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 2499 Townsend St

    School Information

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    Neighborhood

    This property is located in Islandview, Detroit, MI 48214.

    Market Trends

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    Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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