5034 VERMONT ST, Detroit, MI 48208
Local realty services provided by:ERA Prime Real Estate Group
5034 VERMONT ST,Detroit, MI 48208
$54,500
- 0.09 Acres
- Lots / Land
- Active
Listed by: natasha c richards
Office: bellabay realty tri counties
MLS#:20240024963
Source:MI_REALCOMP
Price summary
- Price:$54,500
About this home
This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x130. 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 DLBA 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 abatement 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 abatement on the purchase and development financing....
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Home facts
- Subdivision & Development:SUB OF LOT 1 LAFFERTY FARM N OF GD RIVER (PLATS)
- Listing ID #:20240024963
- Added:894 day(s) ago
- Updated:September 06, 2026 at 10:02 AM
Structure and exterior
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$54,500
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