$35,000

288 Belmont Street, Detroit, MI 48202

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Opportunity to own 4, connected, VL parcels in Detroit's North End! This property is listed in a bundle with the following four contiguous parcels: 278 Belmont, 288 Belmont, 296 Belmont, and 302 Belmont, and must be sold together. These must be purchased together and cannot be split. Zoned residential, the property offers excellent potential for a new-build/infill development opportunity. 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). The DLBA is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Interested buyers should consult the 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 tax capture for the 5 tax years subsequent to the transfer of ownership of the property. The tax capture maybe 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 pro forma and the effect of any tax abatement on the purchase and development financing.

Listing Status:
Active
Date Added:
January 7, 2026
Data Last Updated:
February 14, 2026 at 7:47PM
Listing Office:
Keller Williams Realty-Great Lakes : 586-541-4000
Listing Agent:
Erick Monzo : 586-808-6436
MLS ID:
60962248
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: S BELMONT W 40 FT 48 E 5 FT 46 MOOREHODGES & WARRENS L14 P13 PLATSW C R 1/126 45 X 128
  • Water: Public Water at Street
  • Sewer: Public At Street
  • Source: MiRealSource

This listing courtesy of Erick Monzo , Keller Williams Realty-Great Lakes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.50 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.50 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby