19551 HOYT
Detroit, MI 48205
1674 sqft | #2200084849
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.
Property Details
- Square Feet1674
Construction Details
- Property TypePurchase
Condition
- Year Built1975
Community and Neighborhood Details
- School DistrictDetroit
- RegionDetroit
- CountyWayne
Other
- MLS #2200084849
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Gene Kelley II (#293908)
Listing Office: Real Estate One-Southfield (#08114917)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
