Welcome to the latest offering from the Detroit Land bank authority. This one story brick building offers a host of possibilities. Needs major rehab, SHOW WITH CAUTION! FLOORS ARE VERY WEAK! In addition to this property, there are 3 vacant lots that are included with this sale. 19545 Hoyt, 19544 Hoyt and 14012 Liberal. These addresses are being sold as a bundle. 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 guidelines. OFFER DEADLINE 11/20/20 BY 5:00 PM
- Price:
- $5,900
- Square Footage:
- 1,674
- Acreage:
- 0.10
- Year Built:
- 1975
- Listing ID #:
- 2200084849
- Street Address:
- 19551 Hoyt
- City:
- Detroit
- State:
- Michigan
- Postal Code:
- 48205
- County:
- Wayne
- Community:
- Det 8 To Gratiot/Houston To 7
- Subdivision:
- Crescent Park (plats)
- Listing Status:
- Active
- Listing Type:
- Commercial
- Foundation Material:
- Poured
- Siding:
- Brick
- Stories:
- 1 Story
- Total Building Square Footage:
- 1674
- Year Built:
- 1975
- Conforms To Zoning:
- Commercial
- Existing Land Use:
- Vacant
- Road Frontage:
- 20
- Road Frontage Type:
- Paved
- Days On Market:
- 250
- Financing Options:
- Cash, Quit Claims Deed
- For Sale Or Lease?:
- Sale
- Summer Tax:
- 0.0000
- Winter Tax:
- 0.0000
- Existing Water:
- Municipal Water
- Heating Fuel:
- Natural Gas
- Sewage Type:
- Sewer-Sanitary
- Water Heater:
- Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- IDX provided courtesy of Realcomp II Ltd. Real Estate One-Southfield
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IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2021 Realcomp II Ltd. Shareholders
