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5665 CASMERE Street, Hamtramck, MI 48212

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For Sale

$22,000

0.07 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

Great opportunity for infill housing development. This lot sold in bundle with 5671,5677, 5683, 5689 Casmere. These 5 lots total 14,696 sqft. Not sold separately. Zoned R2. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
MLS# 20240026959

Courtesy Of RCH Brokerage Legacy, Inc.
25900 W 11 Mile, Southfield, MI 48034
(248) 440-2268

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.07 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 5665 CASMERE Street, Hamtramck, MI 48212

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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