7320 E Lafayette Street

Detroit, Michigan 48214

  • 0 Sqft
  • 0.3
    Acre(Lot)
$125,000

Description

Nice sized buildable land in islandview in the vibrant and growing villages neighborhood.

low income housing income tax potential – according to the u.s. housing and urban development website, this property is located in a qualified tract zone, which allows for an additional 30% of low income housing credits, in addition to the 9% credit on qualified development costs. buyer to verify

zoning - the property is zoned r5, which allows for apartments/affordable housing to be constructed. also, r5 zoning may allow for certain specified non-residential uses, as long as those uses can be blended into the district. so, for example, the first floor of a building could be rented out to businesses such as convenience stores, gyms, hair/nail salon, and other businesses which directly support residents.

  • Property Type

    Vacant Land

  • Subdivision

    M. W. Fields Sub (plats)

  • County

    Wayne

  • Style

    Vacant Land

  • AD ID

    46430598

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Property Details

  • Utility Features

    • Sewer: Sewer at Street

    Water

    • Water at Street

  • Lot Information

    • Lot Size: 0.30
    • Dimensions: 125 X 103
    • Corner Lot

    Property Information

    • Subdivision: M. W. FIELDS SUB (PLATS)
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $125,000

    Listing Information

    • Possession: At Close
    • Legal Description: Lots 59, 60 & 61 "Plot of Moses Field Subdivision of Private Claim 16" .T.2S., R.12E., Hamtramck, Wayne County MI as recorded in Liber 4 Page 10 of Plots.

  • Tax Information

    • Annual Tax: $103
    • Parcel Number: 17013509..11

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: Lots 59, 60 & 61 "Plot of Moses Field Subdivision of Private Claim 16" .T.2S., R.12E., Hamtramck, Wayne County MI as recorded in Liber 4 Page 10 of Plots.

  • Multi-Unit Information

    • Road Frontage: Paved

  • Utility Information

    • Water:Water at Street
    • Sewer:Sewer at Street
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BuyOwner last updated this listing 01/30/2025 @ 18:56

  • MLS: 610362628
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48214, this Wayne County Land , it is in the M. W. FIELDS SUB (PLATS) Subdivision, and are nearby neighborhoods.