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$6,250
Est. payment /mo
1,080 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $5
Subdivision Mechanic Park (Plats)
MLS Listing ID 2210018104
Year Built 1925
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type RealEstateOnly
Property Description
Brick structure offered by the Detroit Land Bank Authority. Needs a lot of work. Please use caution when showing. Can have multiple uses. Plenty of storage options. Please note that the Detroit Land Bank Authority 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 abatements and lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Location
State MI
County Wayne
Area Area05052Det6Macki75Conner
Interior
Heating Electric, OtherHeatingSource
Fireplace No
Exterior
View Y/N No
Roof Type Other
Building
Foundation BrickMortar, Slab
Sewer SewerAtStreet
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, QuitClaimsDeed
Listing Terms Cash, QuitClaimsDeed
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Gene Kelley II of Real Estate One-Southfield