5658 TALBOT Street Pending

Detroit,MI 48212

$ 56000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision The J L Hudson Company (Plats)

MLS Listing ID 20240024643

Originating Board Realcomp II Ltd

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 60 x 100

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 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

Location

State MI

County Wayne

Area Det: 6-Mack I75-Conner

Zoning Residential

Direction W. of Mound, N. of Caniff

Exterior

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Detroit

Others

Tax ID 130059578

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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