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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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12386 Mackay St , Detroit, MI 48212
$59,999
Est. Payment: $133.33/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 12
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

RESIDENTIAL DEVELOPMENT OPPORTUNITY - PACKAGE SALE! Four privately owned vacant parcels located on Mackay St in Detroit: 12386, 12404, 12410 and 12422 Mackay, totaling approximately 15,000 sq. ft. Properties are located within the R2 Two-Family Residential District, which allows single-family and two-family residential development, subject to City of Detroit requirements and approvals. Excellent opportunity for a builder, developer or investor looking for multiple residential lots in one area. Additional vacant parcels situated between/adjacent to the seller-owned lots — 12392, 12398 and 12416 Mackay — are currently owned by the Detroit Land Bank Authority. A purchaser who develops qualifying residential property may have an opportunity to acquire eligible adjacent DLBA-owned parcels through Detroit Land Bank programs, subject to DLBA eligibility, availability and approval. Sale includes the four privately owned parcels only. Detroit Land Bank parcels are not included in the sale
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Highlights

Listed by Nadia Kassim , 586-668-3106 Network Realty LLC , 313-384-0191.

Property Type

Vacant Land
Lot/Acreage
43560

County

Wayne

 School District

Detroit

Listing ID

26044536

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$133
Taxes
$42

Home Price

$59,999

Loan Details

30 yrs
%

Down Payment

20%
$12,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$133.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $133.33 $41.67 $0.00 $175.00
Yearly $1,599.97 $500.00 $0.00 $2,099.97
Total $47,999.20 $15,000.00 $0.00 $62,999.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.