1157 Edison Street Detroit, MI ^$ 40,000

1157 Edison Street

^$ 40,000

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Recently Listed

1157 Edison Street

Detroit, MI, 48202

^$ 40,000

Studio Baths0.0

Monthly Estimate*

^$ 279

1157 Edison Street, Detroit, MI 48202 - Image 1

1157 Edison Street, Detroit, MI 48202 - Image 2

Studio

Lots and Land for sale in Detroit, MI

for $40,000. The lot size is 0.12.

Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital, Wayne State Univ., Midtown, & Minutes from Downtown. Lot is 40x133.50 and ready for your dream home! 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

Lots and Land Active

Price

^$ 40,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Land

Lot Size

0.12

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70396661

Features

General

Possession At Close

Water Public Water

Status Active Active

Style Vacant Land

County Wayne

Class VACANT LAND

Type Vacant Land

Percent Ownership Other/See Remarks

Municipality Detroit

Subdivision MI

Area Detroit (82001)

Primary City Detroit

Directions S. of Chicago W. of Lodge FWY.

City Detroit

School District Detroit City School District

Street Name Edison

Financial Terms Cash

Legal Description S EDISON 77 BOSTON BLVD SUB L29 P23 PLATS W C R 6/149 40 X 133.50

DOM 51

Postal Code 48202

Price Per Sq Ft 333333.33

Coming Soon Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital Wayne State Univ. Midtown

Exterior

Frontage 40

Lot Size Area 0.12

Lot Dimensions 40x133.50

Waterfront Y/N No

* Excluded Features

List By

Natasha Talley

Listing Agent

Bellabay Realty Tri-Counties

Broker

natasharichards@comcast.net

Affordability Calculator

$279

Per Month

Monthly Principal & Interest: $279
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Detroit, MI

Average List Price ^$69,539

Percent of Sale Price 74%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$40,000		Listed Price

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1157 Edison Street, Detroit, MI, 48202 is a Lots and Land for sale at $40,000 with a lot size of 0.12. 1157 Edison Street is a studio with 0.0 baths. The property's zip code is 48202 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1157 Edison Street

Lots and Land for sale in Detroit, MI

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