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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 5,900

Est. payment -/mo

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Active

19551 HOYT Detroit, MI 48205

1,674 SqFt

UPDATED:

03/18/2024 08:59 PM

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

Originating Board Realcomp II Ltd

Year Built 1975

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 38.00X115.00

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

Direction state fair east to hoyt go south

Interior

Hot Water Natural Gas

Heating Other

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I029310S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash, Quit Claims Deed

Listing Terms Cash, Quit Claims Deed

Financing Cash,Quit Claims Deed

Special Listing Condition Full Service

Listed by Real Estate One-Southfield

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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