15655 INVERNESS Street Detroit, MI ^$ 5,000

15655 INVERNESS Street

^$ 5,000

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15655 INVERNESS Street

Detroit, MI, 48238

^$ 5,000

Studio Baths0.0 Sq 1,575

Monthly Estimate*

^$ 35

15655 INVERNESS Street, Detroit, MI 48238 - Image 1

15655 INVERNESS Street, Detroit, MI 48238 - Image 2

15655 INVERNESS Street, Detroit, MI 48238 - Image 3

15655 INVERNESS Street, Detroit, MI 48238 - Image 4

15655 INVERNESS Street, Detroit, MI 48238 - Image 5

15655 INVERNESS Street, Detroit, MI 48238 - Image 6

15655 INVERNESS Street, Detroit, MI 48238 - Image 7

15655 INVERNESS Street, Detroit, MI 48238 - Image 8

Studio

Commercial Property for sale in Detroit, MI

for $5,000. This 1,575 square foot building was built on a lot size of 0.09.

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.Ã¢â¬â¢ BATVAI Please see attached documents for DLBA requirements and offer submission information.

Commercial Active

Price

^$ 5,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.09

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60223167

Features

General

Heating Steam

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision RAUPP ADAM R MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Government Owned

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions TAKE PURITAN PASS LINWOOD MAKE LEFT ONTO INVERNESS

City Detroit

Street Name INVERNESS

Financial Terms Cash

Legal Description W INVERNESS 28 ADAM R RAUPP SUB L28 P69 PLATS W C R 8/175 30 X 126

DOM 355

Postal Code 48238

Price Per Sq Ft 3.17

Coming Soon 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 trans

Exterior

Exterior Brick

Frontage 30

Lot Size Area 0.09

Lot Dimensions 30.00X126.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Leonard Pickett

Listing Agent

Rch Brokerage Legacy Inc

Broker

lpickettiii@rchlegacy.com

Affordability Calculator

$35

Per Month

Monthly Principal & Interest: $35
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$469,629

Percent of Sale Price 9,293%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/26/2023	$5,000		Listed Price

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15655 INVERNESS Street, Detroit, MI, 48238 is a Commercial Property for sale at $5,000 with 1,575 sqft and a lot size of 0.09. 15655 INVERNESS Street is a studio with 0.0 baths. The property's zip code is 48238 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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15655 INVERNESS Street

Commercial Property for sale in Detroit, MI

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