$10,000 for Sale

5566 talbot street, hamtramck, MI 48212

Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 2 vacant buildable lots located in the buffalo/charles subdivision. Sale includes 5574 Talbot. This gives you over 6000 sqft of buildable area. Bring your design ideas and your hard hat and lets get to work. 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 walk ability. 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. 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 that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
General Information
Sale Price: $10,000
Price/SqFt:
Status: Active
MLS#: rcomi20250027160
City: hamtramck
Post Office: hamtramck
Schools: hamtramck
County: Wayne
Subdivision: the j l hudson company (plats)
Acres: 0.07
Lot Dimensions: 30 x 100
Size:
Acreage: 0.07 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  S TALBOT 32 THE J L HUDSON COMPANY L32 P38 PLATS, W C R 13/213 30 X 100


IDX provided courtesy of Realcomp II Ltd. via Atlas Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055
(810) 931-1457 Call Chad Brannan for more information about this property.

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