$56,000
Hamtramck, MI 48212
MLS# 24000628
1 / 10
Property Description
Great build opportunity on the border of Hamtramck. Addresses include 5658 (60x100) 5690 Talbot (47x49) 5680 Talbot (30x100), 5650 Talbot (30x100), 5644 Talbot (30x100), 5642 Talbot (30x100)and 5632 Talbot (30x100). BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT 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
Details
Maps
None
Current Price: $56,000
Location & Property Info
County: Wayne
Street #: 5658
Street Name: TALBOT
Suffix: Street
State: MI
Zip Code: 48212
Zip (4): 2804
Cross Streets: Mound & Caniff
Area: Wayne County - 100
Municipality: Detroit City
Subdivision: THE J L HUDSON COMPANY (PLATS)
Office/Contract Info
Status: Active
List Price: $56,000
Auction or For Sale: For Sale
List Price/Acre: 400000
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: Other
Listing Date: 2023-12-26
General Property Info
Property Sub-Type: Lot
Lot Measurement: Acres
Lot Square Footage: 6098
Lot Acres: 0.14
Lot Dimensions: 60 x 100
Road Frontage: 60
Waterfront: No
School District: Detroit
Tax Info
Tax ID #: 130059578
Zoning: Residential
Remarks & Misc
Directions: W. of Mound, N. of Caniff
Legal: S TALBOT 16 & 17 THE J L HUDSON COMPANY SUB L32 P38 PLATS, W C R 13/213 60 X 100
Property Features
Street Type: Paved
Util Avail at Street: Electric; Natural Gas; Public Sewer; Public Water
Utilities Attached: Public Sewer; Public Water
Terms Available: Cash
Sale Conditions: Other
Supplements
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.SEE ADDITIONAL ATTACHED DOCS
Listing Office: BellaBay Realty Tri-Counties
Listing Agent: Natasha Talley
Last Updated: January - 05 - 2024
The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.