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Jim Blehm

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

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5696 30th St , Detroit, MI 48210
$20,000
Est. Payment: $44.44/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 11
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376211 - 297897
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House Description

**Great investment and redevelopment opportunity!** Welcome to **5696 30th St**, a **30x104 vacant residential lot** located in Detroit’s **Midwest Community**. This parcel is offered as part of a **three-property package and must be sold together with 5688 30th St and 5700 30th St.** The sale includes the **residential home at 5688 30th St plus two adjacent vacant lots at 5696 and 5700 30th St. Each parcel measures approximately 30x104, providing approximately 90 feet of combined frontage.**Excellent opportunity for investors, developers, or homeowners seeking additional land and redevelopment potential in a neighborhood experiencing continued reinvestment and revitalization. Potential uses are subject to zoning and City of Detroit approval.Sale is subject to approval by the **Detroit Land Bank Authority (DLBA)** and execution of an applicable Renovation/Development Agreement. Purchaser must submit a complete proposal package including intended use, project timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation/development experience. All properties come with clear tile. **Property and included lots are sold as-is.** DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This provision may be incompatible with certain tax abatements or lot combinations. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to DLBA review of project financing and development pro forma. **Buyer to verify all information, measurements, zoning, and permitted uses.**

Highlights

Listed by Adam Hage , 313-598-2566 Atlas Properties Inc , 313-598-2566.

Property Type

Vacant Land

Lot/Acreage
0.07

County

Wayne

School District

Detroit

Listing ID

20261071543

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Interior Features

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

Exterior Features

Principal Interest
$44
Taxes
$13

Home Price

$20,000

Loan Details

30 yrs
%

Down Payment

20%
$4,000
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:
$44.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $44.44 $12.75 $0.00 $57.19
Yearly $533.33 $153.00 $0.00 $686.33
Total $16,000.00 $4,590.00 $0.00 $20,590.00

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.