5784 Garland Street, Detroit, Michigan 48213

$20,000

Property Details

MLS#: 20261020742
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,076
Price per Sqft: $19
Lot Size: 0.1 acres
Year Built: 1921
Property Type: Residential
Status: Active
Days on Market: 5

Description

Investment opportunity in West End! This bundle includes two properties at 5784 Garland and 5780 Garland for a total of $20,000. 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 the 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.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 5784 Garland Street?

5784 Garland Street is listed at $20,000, or $19 per square foot.

How many bedrooms does 5784 Garland Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,076 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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