3443 Beals Street, Detroit, MI 48214

Property Description

This newest listing is offered by the Detroit Land Bank. This bundle includes addresses: 3443 Beals, 3453 Beals, 3447 Beals, 3471 Beals, 3465 Beals, 3459 Beals, and 3479 Beals. These residential vacant lots are located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. 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 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 Status:

Active

Date Added:

August 13, 2024 at 05:00AM

Listing Office:

Keller Williams Realty-Great Lakes : 586-541-4000

Listing Agent:

Erick Monzo : 586-808-6436

MLS ID:

60331329

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2021. W BEALS 17 SCHULTE & KRAMERS SUB L14 P41 PLATSW C R 17/63 30 X 100

Utilities

• Water: Public
• Sewer: Public Sanitary

Financial

• Source: MiRealSource

This listing courtesy of Erick Monzo, Keller Williams Realty-Great Lakes