12225 Maine Street
Hamtramck, MI 48212
#R2210074714
Description
The opportunities are endless. Business store-front and apartment in the back. Sale contingent on buyer/seller executed development agreement. 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.
Property Details
Measurements
- Acres:0.07
Construction Details
Condition
- Year built:1921
Community and Neighborhood Details
Community
- Subdivision:CHENE STREET SUB (PLATS)
Location
- County:Wayne
Financial Details
Pricing Details
- Original List Price:$7, 500
- Days on Market (Cumulative):508
- Buying Agency Compensation:$1000
Other
Source
- MLS #:R2210074714
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: AAABOR
Listing Courtesy
Listing Agent: Natasha C Talley (#R292343)
Listing Office: Bellabay Realty Tri Counties (#R385913)
Interested in Purchasing 12225 Maine Street?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!