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About This Home
This 0-bedroom, 0-bathroom commercial at 3045 Mount Elliott Street in Detroit, MI is listed for $55,000 ($53 per sqft). Built in 1910, the home offers 1,047 sqft of living space on a 0.09 acres lot.
Bring This Previous Heidelberg Commercial Building Back to Life! This investment opportunity is one you don't want to miss! There are two lots also included in the sale, 3033 & 3039 Mt. Elliott. Steps away from the Heidelberg Projects, any business opportunity would be well worth it.
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 1910
- 0.09 acre lot
Property Details
Monthly Cost Estimate
$294/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3045 Mount Elliott Street
Detroit, MI 48207
Alex T Fischers Sub
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 3045 Mount Elliott Street is listed at $55,000 ($53/sqft). The estimated monthly payment is $238 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.09 acre lot.
This property is listed by Natasha C Richards and can be reached at 3132040310 or natasharichards@comcast.net.
