This property is in a 3 lot bundle with 5506 and 5510 Talbot. All Totaling 10,373 sqft. Not sold separately. Lots zoned R2.The DLBA is seeking proposals for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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 lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info. BATVAI
Property Details
Property Features
Listing Office:
Office Name: RCH Brokerage Legacy Inc
Office Phone: (248) 440-2268
Listing Agent: Leonard A Pickett III
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Other
Directions Information:
Directions: TAKE MCNICHOLS HEADED EAST PASS DEQUINDRE. MAKE RIGHT ONTO CONANT HEAD SOUTH. MAKE LEFT ONTO TALBOT. PLOTS ON THE RIGHT SIDE. CORNNER OF BUFFALO AND TALBOT.
Price Information
Listing Price Info
Price Summary:
List Price: $15,500
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Housing Market Comparison
See how this home compares to others in Hamtramck, MI.
This property is $134.5K less than the Median Sold Price in Hamtramck, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240017130
Listing Office:
Office Name: RCH Brokerage Legacy Inc
Office Phone: (248) 440-2268
Listing Agent: Leonard A Pickett III
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Bridge Academy - Elementary School
9600 Buffalo St
Distance between this listing and this school0.58 miles
Public Charter Grades PK-5
5
/10
Dickinson East Elementary School
3385 Norwalk St
Distance between this listing and this school0.75 miles
Public District Grades KG-6
3
/10
Dickinson West Elementary School
2333 Burger St
Distance between this listing and this school1.13 miles
Public District Grades KG-6
Nearby Schools
2
/10
Gee White Academy
5161 Charles St
Distance between this listing and this school0.33 miles
Public Charter Grades PK-8
8
/10
Hamtramck Academy
11420 Conant St
Distance between this listing and this school0.43 miles
Public Charter Grades KG-8
5
/10
Commonwealth Community Development Academy
13477 Eureka St
Distance between this listing and this school0.74 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Hamtramck High School
11410 Charest St
Distance between this listing and this school0.68 miles
Public District Grades 9-12
4
/10
Frontier International Academy
13322 Conant St
Distance between this listing and this school0.82 miles
Public Charter Grades 6-12
5
/10
Oakland International Academy - High School
2622 Florian St
Distance between this listing and this school1.20 miles
The neighbors living near this home have an average income of $33,839. Residents of Hamtramck, MI typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5500 Talbot St
What is the listing price of this property?
The listing price of 5500 Talbot St property is $15,500.
What type of property is this?
The property 5500 Talbot St is land located in Hamtramck, Michigan, 48212.
Is this property for sale now?
Active Listing: 5500 Talbot St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 5500 Talbot St in Hamtramck, MI and zip code 48212 in the Davison neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $15,500.
In March 2024, from all listings sold in Hamtramck, MI there were more than 0 sold above asking price, over 3 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Hamtramck, MI between February 2024 and March 2024 increased by 14%. While the average time on the market in March 2024 was 33 days, the median list price was $150,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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