2504 TOWNSEND Street

DESCRIPTION

Welcome to the latest offering from the Detroit Land Bank Authority. 7 Buildable lots just waiting for your development ideas. 2510, 2516, 2524, 2534,2542,2546 Townsend included in the sale. 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. The DLBA would like to see Single family, two family, duplexes, townhomes, and small scale multi-family. 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 abatements and/or lot combinations