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Jim Blehm

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

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4488 Humboldt St , Detroit, MI 48208
$38,000
Est. Payment: $84.44/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 134
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397435 - 330189
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House Description

These are seven contiguous vacant lots available in the Core City neighborhood, including: 2633 W Forest Ave, 2641 W Forest, 2647 W Forest, 2651 W Forest, 2657 W Forest, 2665 W Forest, and 4488 Humboldt, with a combined total of approximately 0.44 acres. Situated near Grand River Ave and Buchanan St. Zoned residential, this bundle offers excellent potential for new construction/infill development. All lots must be purchased together and cannot be separated. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

Highlights

Listed by Erick Monzo , 586-808-6436 Keller Williams Realty-Great Lakes , 586-541-4000.

Property Type

Vacant Land

Lot/Acreage
0.03

County

Wayne

School District

Detroit

Listing ID

20251038930

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Interior Features

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

Exterior Features

Principal Interest
$84
Taxes
$24

Home Price

$38,000

Loan Details

30 yrs
%

Down Payment

20%
$7,600
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:
$84.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $84.44 $24.22 $0.00 $108.67
Yearly $1,013.33 $290.70 $0.00 $1,304.03
Total $30,400.00 $8,721.00 $0.00 $39,121.00

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.