$3,900
Active

6460 Cymbal

Detroit, MI 48211
0.26 acres | #R2200101387
Browse 33 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Welcome to the latest offering from the Detroit Land Bank Authority. Commercial structure on a large vacant lot. Set in an industrial setting, Possibilities abound. Zoned M4, there is plenty of room to roam. Renovate the existing structure or start all over with your own design. Licensed agent to accompany all showings. 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 proposal guidelines.

  • Property Details
      • SubdivisionKOSCIUSZKO (PLATS)
      • MLS #R2200101387
      • MLS #R2200101387
      • Property SubtypeCommercial
      • Original List Price$3,900
      • CountyWayne
      • Buying Agency Compensation$1000
      • Acres0.26
      • Year Built1961
      • FoundationSlab
      • Cost3900
      • Days on Market (Cumulative)521
      • Days On Market521
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
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