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    14427 E 7 MILE Road

    Detroit, MI 48205
    • $2,500
    • STATUS: Active
    • ON SITE: 445 days
    • ID#: 2200050828
    UPDATED: 46 min ago
    $2,500
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,075
      SQFT
    • $2
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:
    Zoning:
    Commercial,Multiple,Office,Residential
    Lot Size Dimensions:
    40.00X110.00

    School Ratings & Info

    School District:

    Description

    Endless opportunities with this residential/commercial 3 bedroom house located in a busy business district. This property could be a rental, salon, small retail or general business. Property to be zoned B4 and located across the street from a gas station, next door to the post office and just east from Gratiot, all high traffic areas. 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 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

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-28T12:59:28.397.
    www.robertesmithrealty.com/homes/107688651
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    14427 E 7 MILE Road Detroit, MI 48205

    • Price: $2,500
    • Status: Active
    • Updated: 46 min ago
    • ID#: 2200050828
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,075
    SQFT
    $2
    $/SQFT
    1925
    Built
    Neighborhood:
    Gratiot Park (Plats)
    County:
    Wayne
    Area:
    Det 8 To Gratiot/Houston To 7
    School District:
    DETROIT
    Property Description
    Endless opportunities with this residential/commercial 3 bedroom house located in a busy business district. This property could be a rental, salon, small retail or general business. Property to be zoned B4 and located across the street from a gas station, next door to the post office and just east from Gratiot, all high traffic areas. 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 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
    Exterior Features

    Architecture Level 1 Story Construction Materials Wood Foundation Details Basement Foundation Materials Block Lot Size Dimensions 40.00X110.00 Road Frontage Feet 40 Road Frontage Type Class B Waterfront YN No

    Interior Features

    Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0

    Property Features

    Apod Available YN No Assessment 0 Business Type OfficeResidentialRetailService Commercial Type CommercialReal Estate Only Current Use Empty Encroachment YN No Gross Scheduled Income 0.00 Inventory Included YN No Inventory List YN No Land Contract YN No Legal Rental Certified YN No Listing Financing Cash Monthly Sales 0 Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Government OwnedShort Sale - No Percent Leased 0 Possession At Close Postal City Detroit Protection Period 90 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Total Tax 0.0000 Unparsed Address 14427 E 7 MILE RD Water Source Municipal Water Zoning CommercialMultipleOfficeResidential

    IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri Counties and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-28T12:59:28.397.
     
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