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15655 Inverness Street

Detroit, MI 48238
  • $5,000
  • STATUS: Active
  • ON SITE: 320 Days
  • ID#: 2220003938
UPDATED: 215 min ago
$5,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,575
    SQFT
  • $3
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1925
County:
Zoning:
Commercial
Lot Size Dimensions:
30.00X126.00

School Ratings & Info

School District:

Description

This corner lot is the perfect opportunity for investor or private business owner. 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 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. BATVAIPlease see attached documents for DLBA requirements and offer submission information.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-12-05T23:56:45.487.
www.nexushomesearch.com/homes/124874440
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15655 Inverness Street Detroit, MI 48238

  • Price: $5,000
  • Status: Active
  • On Site: 320 Days
  • Updated: 215 min ago
  • ID#: 2220003938
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,575
SQFT
$3
$/SQFT
1925
Built
Neighborhood:
Raupp Adam R
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
This corner lot is the perfect opportunity for investor or private business owner. 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 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. BATVAIPlease see attached documents for DLBA requirements and offer submission information.
Exterior Features

Architecture Level 2 Story Construction Materials Brick Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 30.00X126.00 Road Frontage Feet 30 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Estimated Heating Cooling Steam Heating Fuel Natural Gas Sq Ft Main 1575

Property Features

Assessment 0 Current Use Storefront/ Office Encroachment YN No Existing Lease YN No Gross Scheduled Income 0.00 Inventory Included YN No Land Contract YN No Listing Financing Cash Monthly Sales 0 Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Government OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 90 DAYS Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Unparsed Address 15655 INVERNESS Street Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Rch Brokerage Legacy Inc: (248) 440-2268 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-12-05T23:56:45.487.
 
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