Address
19551 Hoyt Detroit, MI
Price
$ 5,900
Property Attributes
  • MLS#40114044
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48205
  • StyleCommercial/Industrial
  • Price$ 5,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1674
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Real Estate One-Southfield
Data Source:
Michigan Multiple Listing Service
Property 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. OFFER DEADLINE 11/20/20 BY 5:00 PM

Price History
10/15/2020 Listed $5,900

General Features

Class COM/IND/BUS OPP
Directions state fair east to hoyt go south
Financial Terms Cash
Heating Other-See Remarks
Legal Description W HOYT AVE 47 CRESCENT PARK SUB L45 P27 PLATS, W C R 21/800 37.50 X 115
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Government Owned
Source Mls MI Real Source
Status Active
Status Active
Subdivision CRESCENT PARK (PLATS)
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1975
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick
Frontage 20
Lot Dimensions 38.00X115.00
Lot Size Area 0.1
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48205

Price
AVG $330K
$10K
Visits
AVG 99
23
Year Built
AVG 1954
1975
Walkscore
AVG 57
62
Data Provided by Walkscore ® not using MLS data