Detroit, MI 48210,5131 BANGOR Street
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Detroit, MI 48210,5131 BANGOR Street
Detroit, MI 48210,5131 BANGOR Street
Detroit, MI 48210,5131 BANGOR Street
Detroit, MI 48210,5131 BANGOR Street
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$ 88,000
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5131 BANGOR Street Detroit, MI 48210

4,791 Sqft Lot


UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20250022284

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 30 x 158

Source Realcomp

Property Description

New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 4 lots are included in the sale, 5131, 5125, 5137, 5143 Bangor, totaling 24,485 square feet. The total price for all lots are $88,000. Sale contingent on buyer/seller executed development agreement. 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.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction S. of Warren, W. of W. Grand Blvd.

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 14010525.

Acceptable Financing Cash

Listing Terms Cash


Listed by Bellabay Realty Tri Counties
agent

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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5131 BANGOR Street