$6,100
Pending

9800 Wyoming

Detroit, MI 48204
0.21 acres | #R2210016492
Browse 17 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Brick commercial structure offered by the Detroit Land bank. Over 7000 square feet available for multipurpose use. Priced to move. Needs extensive rehab. Show with caution. 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. HIGHEST AND BEST OFFER DEADLINE MONDAY APRIL 26, 2021 5:00 PM

  • Property Details
      • Acres0.21
  • Construction Details
      • Year Built1923
    • Material information
      • FoundationSlab
  • Community and Neighborhood Details
      • SubdivisionTAYLORS B E SOUTHLAWN NO 2
    • Location
      • CountyWayne
  • Financial Details
      • Original List Price$6,100
      • Buying Agency Compensation1000
      • Days on Market (Cumulative)652
  • Other
      • MLS #R2210016492
  • -
      • 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
$0.00