14445 E 7 Mile Road Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,779 sqft
Price per Sqft $5
MLS Listing ID 20251036424
Bedrooms 3
Full Baths 1
Year Built 1912
Lot Size 4,356 Sqft
Property Sub-Type Single Family Residence
Property Description
Endless opportunities with this residential/commercial 3 bedroom house located in a busy business district. This property could be a rental, salon, small retail or general business. Property to be zoned B4 and located across the street from a gas station, next door to the post office and just east from Gratiot, all high traffic areas. 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 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.
Location
State MI
County Wayne
Area Wayne County - 100
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Story 2
Water Public
Structure Type Other
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}