MI > Detroit > Schmidts Traugott Sub Of A Portion Of The Leib Fr
Detroit, MI 48207,4257 MOUNT ELLIOTT ST
Detroit, MI 48207,4257 MOUNT ELLIOTT ST
Detroit, MI 48207,4257 MOUNT ELLIOTT ST
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Elizabeth Talley

Elizabeth Talley

+1(248) 563-9449
$58,300
Est. payment /mo
3,049 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type UnimprovedLand

Listing Status Active

Purchase Type For Sale

Subdivision Schmidts Traugott Sub Of A Portion Of The Leib Fr

MLS Listing ID 20230047631

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type UnimprovedLand

Property Description

This property is sold as a bundle of 8 with 4253, 4233, 4239 , 4245,4265 Mt Elliot, totaling= 23,749 sqft and 3730, 3722 E Canfield totaling=5401 sqft. Not sold separately. Property zoned R3. Great for experienced investors. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. 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 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 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. Please see attached documents for DLBA guidelines.

Location

State MI

County Wayne

Area Area05052Det6Macki75Conner

Interior

Fireplace No

Exterior

View Y/N No

Building

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition GovernmentOwned, ShortSaleNo

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Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc

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Elizabeth Talley

Elizabeth Talley

Executive Assistant

+1(248) 563-9449

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4257 MOUNT ELLIOTT ST

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