Address
35 Edison Detroit, MI
Price
$ 95,000
Property Attributes
  • MLS#40078893
  • TypeLand
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48202
  • StyleVacant Land
  • Price$ 95,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.65 Acres
Listing Provided Courtesy Of:
Real Estate One-Southfield
Data Source:
MiRealSource (MIRS) - 138 - MI
Property Description

Calling all developers! Over 28,000 square feet of vacant land in the heart of historic "Boston Edison" District. Huge 144 x 200 sqft. space zoned residential, just a stone's throw from New center and mere minutes from downtown. This property is owned by the Detroit Land bank authority and they will be looking at proposals for potential development and improvement. 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 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

Price History
7/15/2020 Listed $95,000

General Features

Association Fee Y/n No
Class VACANT LAND
Directions Go south on woodward to Edison on the western corner
Financial Terms Cash
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Government Owned
School District Detroit City School District
Source Mls MI Real Source
Status Active
Status Active
Style Vacant Land
Subj To Short Sale Apprvl No
Type Vacant Land
Water Public Water
Zoning Residential

Interior Features

Subdivision VOIGT PARK SUB (PLATS)

Exterior Features

Lot Description Sidewalks
Lot Dimensions 144.00X200.00
Lot Size Area 0.65
Sewer Septic Public At Street
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 48202

Price
AVG $80K
$100K
Visits
AVG 47
46
Walkscore
AVG 73
77
Data Provided by Walkscore ® not using MLS data