9845 Russell St, Detroit, MI 48211 1049

Description

Five contiguous vacant lots available in Detroit's North End neighborhood, including 9845 Russell, 9851 Russell, 9838 Hindle, 9839 Russell, and 9833 Russell, totaling approximately 0.35 acres. Located near Caniff and Chrysler Dr, the parcels feature paved road frontage and access to public sewer. Zoned residential, this bundle offers excellent potential for new construction or infill development. All lots must be purchased together and cannot be separated. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.