408 MARSTON, Detroit City, MI 48202
ATKINSONS SUB OF PARK LOT 6 (PLATS) · Wayne County
Key Facts
Description
Great opportunity for infill housing development. Located in a Opportunity Zone. 414 Marston, 8032,8036, 8042, 8048, & 8050 Brush. Totaling = 13,739 sqft. All 7 properties are sold for $40k. Not sold separately. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.03 acres
Lot Dimensions
21.00X60.00
Days on Market
1244
MLS® Listing#
2200012946
Property Features
Cooling
Heating
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
W01I002297S002L
Directions
HEAD SOUTH ON WOODWARD PASS HOLBROOK AVE MAKE LEFT MARSTON DRIVE DOWN TO BRUSH CORNER LOTS
Affordability Calculator
$8,000
Estimated monthly payment
$213/mo
Principal $32,000 · Est. interest $44,643 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $228,612
- Median Listing Price
- 63
- Median Days on Market
- 1,484
- Median Sq Ft
- $134
- Median Price / Sq Ft
- 13,647
- Active Listings
- This home’s price is 83% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
Getting Around
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
Childtime Learning Center
School · 0.5 mi away
Detroit Public Schools Community District
School · 0.5 mi away
Northern High School
Secondary · 0.6 mi away
Henry Ford Academy: School for Creative Studies
Elementary · 0.6 mi away
University Prep Schools
School · 0.6 mi away
University Preparatory Academy Elementary-Mark Murray Campus
School · 0.8 mi away
University Preparatory Academy Psad High School
School · 0.9 mi away
Upa High School
Secondary · 1.0 mi away
Golighty Education Center
Elementary · 1.0 mi away
Loving Elementary School
Elementary · 1.0 mi away
Hanley International Academy
School · 1.1 mi away
Holbrook School
Elementary · 1.2 mi away
Hutchins Middle School
School · 1.2 mi away
University Preparatory Academy Middle School
School · 1.2 mi away
University Prep Art & Design Elementary
Primary School · 1.3 mi away
University Preparatory Science and Math Psad Middle School
Secondary School · 1.3 mi away
Detroit Academy of Science
School · 1.3 mi away
Oia High School
Secondary · 1.3 mi away
Detroit Montessori School
Elementary · 1.4 mi away
Thirkell Elementary-Middle School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
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|---|---|---|---|---|
| 653 Leblanc Street, Lincoln Park City, MI | $28,000 | — | — | — |
| 934 E Granet Avenue, Hazel Park City, MI | $28,000 | — | — | — |
| 4160 Crane Street, Detroit City, MI | $28,000 | 4 | 3 | 2,006 |
| 5976 WABASH Street, Detroit City, MI | $28,000 | — | — | — |
| 5964 WABASH Street, Detroit City, MI | $28,000 | — | — | — |
| 17885 Dequindre Street, Detroit City, MI | $28,000 | — | — | 2,380 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: RCH Brokerage Legacy Inc - 2484402268
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