LOT SIZE 0.110 acres
MLS#20261044032
STATUSActive
PROPERTY TYPELand - Residential
SCHOOLAirport
Property Description
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. Offering includes four (4) residential parcels located at **48, 56, 64 & 72 Woodland St** in Detroit's **Gateway Community**. **Total Asking Price: $52,000 ($13,000 per parcel).** Properties must be sold together. Each parcel measures approximately **40' x 125'**, providing a combined frontage of approximately **160 feet**. Excellent opportunity for **new construction residential development** (subject to zoning and City approval) in an area experiencing ongoing investment and revitalization. Conveniently located near **Woodward Ave, Midtown, New Center, Downtown Detroit, Wayne State University, Henry Ford Health, and Detroit Medical Center**. Buyer must submit a complete DLBA proposal package including project description, development timeline, proof of funds, site plan/concept drawings, and documentation of prior similar projects. Sale is contingent upon execution of a DLBA Development Agreement and compliance with City of Detroit permitting and approval requirements. Property sold **as-is**. DLBA retains the right to tax recapture for five (5) years following transfer. A rare opportunity to acquire four contiguous residential parcels in Detroit's growing Gateway neighborhood.
Property Features
Property Type: Land - Residential
Lot Size: 0.11 Acres
Feature Descriptions
Days on Site: 7
Frontage Feet: 40
Lot Dimensions: 0.11 Acre(s)
Road Frontage: Paved
Sewer: Sewer (Sewer-Sanitary)
Summer Tax: $0.0000
Water: Public (Municipal)
Winter Tax: $0.0000
Local Schools
School District: Airport
Listed By / Shown By
Listed By
Agency Name: Atlas Properties Inc
Agency Phone: (313) 598-2566
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 61.80 per month $58.73 Principal & Interest $0.00 Property Tax (data not provided by mls) $3.06 Homeowner's Insurance
48 Woodland St | MLS# 20261044032
This land located at 48 Woodland St, Detroit, MI 48202 is currently listed for sale with an asking price of $10,500. The property has approximately 0.11 Acres. Woodland St is located within the Airport school district. Search Detroit real estate on www.ikeyrealty.com today.