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$40,000

1157 Edison Street

Detroit, Michigan 48202
Active / MLS #20240024970 / Vacant Land / Boston Edison
Listing information updated 4/17/2024 at 10:25pm
Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital, Wayne State Univ., Midtown, & Minutes from Downtown. Lot is 40x133.50 and ready for your dream home! Interested buyers should consult our proposal guidelines for new build opportunities. 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.

Full Features

Water Front:
No
Square Feet:
N/A
Lot Size:
0.12 acres
Acreage:
0.12

Taxes & Assessments

Tax Amount:
N/A
Tax Year:
N/A

Location

Zip Code:
48202
City:
Detroit
County:
Wayne

Schools

School District(s):
Detroit
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Bellabay Realty Tri Counties

Listing Office Phone: 248.274.6614

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2024 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Boston Edison

Boston Edison, MI

Once home to notable Detroit residents including Henry Ford, the well-established Boston Edison neighborhood has a cohesive, historic feel. Similar to Indian Village, Boston Edison features many older brick homes in a wide range of architectural styles. All the residences here are single-family...
$386,958
Average Sale Price
86
Average Days On The Market
92%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1157 Edison Street, Detroit, MI 48202

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1157 Edison Street is a vacant land currently listed at $40,000. This vacant land has been listed on @properties REMI Christie's International Real Estate since April 17th, 2024.