7
See all 7 photos
$6,000
Est. payment /mo
3,484 Sqft Lot
New
1514 GRAY Street Detroit, MI 48215
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Sterling Park (Plats)
MLS Listing ID 20250036689
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30 x 122
Source Realcomp II Ltd
Property Description
This property is sold in a bundle with 4 vacant lots 1528, 1508, 1522 Gray and 12905 Brooks totaling 20,128 sqft. Not sold separately. All lots sold together for 30k. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. Also include plans for the vacant lots with sketches and financing. 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 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. See attached documents for guidelines and submission instructions. BATVAI
Location
State MI
County Wayne
Area Det: Mcclellan East/Mack To Shor
Zoning Residential
Direction Take Jefferson Ave headed East pass Conner. Make left onto Gray.
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Schools
School District Detroit
Others
Tax ID 21048454.
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
©2025 Realcomp II Ltd. Shareholders
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc