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About This Home

This 0-bedroom, 0-bathroom commercial at 12098 FLANDERS Street in Detroit, MI is listed for $18,000 ($13 per sqft). Built in 1983, the home offers 1,386 sqft of living space on a 0.23 acres lot.

Agent Description

Looking for an automotive use building offered by the Detroit Landbank Authority? This one could be yours! Sale contingent on buyer/seller executed development agreement. 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.

Key Features

  • Built in 1983
  • 0.23 acre lot

Property Details

1 story
1983

Monthly Cost Estimate

$96/mo

20% down · 6.5% · 30 years

Principal$13
Interest$78
Insurance$5

Estimates only. Actual payments may vary.

Location

12098 FLANDERS Street

Detroit, MI 48205

HARDY SUB OF LOTS 1 3 4 5

Property Details

Construction

Block

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 12098 FLANDERS Street is listed at $18,000 ($13/sqft). The estimated monthly payment is $78 based on 20% down at 6.5% interest.

Key features include: Built in 1983, 0.23 acre lot.

This property is listed by Natasha C Richards and can be reached at 3132040310 or natasharichards@comcast.net.

NR

Natasha C Richards

Agent at Bellabay Realty Tri Counties

(313) 204-0310

Listed by Bellabay Realty Tri Counties · View on Broker Site

MLS# 20240071558· Source: listhub· Updated 616 days ago

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12098 FLANDERS Street, Detroit, MI 48205

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