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5658 TALBOT Street, Hamtramck, MI 48212

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For Sale
Sale Pending

$56,000

0.14 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

Great build opportunity on the border of Hamtramck. Addresses include 5658 (60x100) 5690 Talbot (47x49) 5680 Talbot (30x100), 5650 Talbot (30x100), 5644 Talbot (30x100), 5642 Talbot (30x100) and 5632 Talbot (30x100). BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. 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 & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS
MLS# 20240024643

Courtesy Of Bellabay Realty Tri-Counties
37361 Eight Mile Rd., Livonia, MI 48152
(248) 274-6614

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 5658 TALBOT Street, Hamtramck, MI 48212
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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