323 King Street Detroit, MI $ 53,000
323 King Street
$ 53,000
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323 King Street

Detroit, MI, 48202
$ 53,000
Baths0.0

Monthly Estimate*

$ 352

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Studio

Lots and Land for sale in Detroit, MI

for $53,000. The lot size is 0.1.

Great infill opportunity in Detroit's bustling North End neighborhood. Includes a total of 4 lots. 297, 307, 315 and 323 King.The DLBA is seeking proposals 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 recommend reviewing relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. for additional context about the neighborhood. 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 abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

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Lots and Land Active

Price

$ 53,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Vacant Land

Lot Size

0.1

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240024982

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Residential
Property Type Vacant Land
Subdivision Name JOS R MC LAUGHLINS (PLATS )
Transaction Type Sale
Status Active
Short Sale No
Cumulative Days on Market 41
MLS Area Det: Livernois-I75 6-Gd River
Directions John R. & Holbrook
City Detroit
Terms Offered Cash
School District Detroit
Land Contract 0
Ownership Status Government Owned Short Sale - No
Street Name KING
DOM 41
Legal Description N KING E 15 FT 68 W 23 FT 69 JOS R MCLAUGHLINS L16 P77 PLATS W C R 1/115 38 X 114.44
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Exterior
Waterfront 0
Lot Size Area 0.10
Water Source Public (Municipal)
Lot Size Dimensions 38 x 114
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Interior
Street Suffix Street
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Natasha C Richards

Listing Agent

Bellabay Realty Tri Counties

Broker

(248) 274-6614

Phone

Affordability Calculator

$352
Per Month
100%
0%
0%
Monthly Principal & Interest
$352
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$53,000 Listed Price

Map


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323 King Street, Detroit, MI, 48202 is a Lots and Land for sale at $53,000 with a lot size of 0.1. 323 King Street is a studio with 0.0 baths. The property's zip code is 48202 which is in Detroit, MI