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About This Home
This 0-bedroom, 0-bathroom commercial at 15655 INVERNESS Street in Detroit, MI is listed for $5,000 ($3 per sqft). Built in 1925, the home offers 1,575 sqft of living space on a 0.09 acres lot.
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.’ BATVAI
Please see attached documents for DLBA requirements and offer submission information.
Key Features
- Built in 1925
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$27/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
15655 INVERNESS Street
Detroit, MI 48238
RAUPP ADAM R
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 15655 INVERNESS Street is listed at $5,000 ($3/sqft). The estimated monthly payment is $22 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.09 acre lot, 2 stories.
This property is listed by Leonard A Pickett III and can be reached at 2484402268 or lpickettiii@rchlegacy.com.
