19551 HOYT Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 1,674 sqft
Price per Sqft $3
Subdivision Crescent Park (Plats)
MLS Listing ID 2200084849
Year Built 1975
Lot Size 4,356 Sqft
Property Description
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.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Commercial
Interior
Hot Water Natural Gas
Heating Other
Exterior
Pool No
Waterfront no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Quit Claims Deed
Listing Terms Cash,Quit Claims Deed
Special Listing Condition Full Service