2203 LOTHROP ST, Detroit, MI 48206
Local realty services provided by:CENTURY 21 Signature Realty
2203 LOTHROP ST,Detroit, MI 48206
$20,000
- 0.2 Acres
- Lots / Land
- Active
Listed by: natasha c richards
Office: bellabay realty tri counties
MLS#:20240024655
Source:MI_REALCOMP
Price summary
- Price:$20,000
About this home
Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. 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
- Listing ID #:20240024655
- Added:727 day(s) ago
- Updated:April 22, 2026 at 10:01 AM
Structure and exterior
- Lot area:0.2 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$20,000
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