12225 MAINE Street, Hamtramck, MI 48212
sale
$7,500
|
Real Estate Only
Courtesy Of Bellabay Realty Tri-Counties
37361 Eight Mile Rd., Livonia, MI 48152
The opportunities are endless. Business store-front and apartment in the back. 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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Floors: 1.0
- Heating System: Forced Air
- Legal Description: W MAINE 274 CHENE ST SUB L15 P86 PLATS, WCR 9/183 30 X 100.76
- MLSID: 2210074714
- Roof Type: Unknown
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