For Sale
7111 E 7 MILE East Road, Detroit, MI 48234
$180,000
MLS # 20240014361 (Realcomp)
Built 19560.06 acres
1 / 17
Listing Description
Fully functioning barbershop & salon ready for new owner! This is a great opportunity to continue this thriving business and the potential to develop the block. This sale included the barbershop plus 5 consecutive lots! The barbershop has a great layout which included an office, a lobby, waiting room, shampoo bowel, kitchen, (mechanical room with forced air furnace and circuit breakers) and bathroom. There are 5 plus barber station and excellent parking with outside lighting.
Source: SparkMLS
About this home
Currently offered at $180,000.
Estimated annual property tax: $2,589, or about $216 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.06 acres
Year Built1956
Location
CityDetroit
Zip Code48234
CountyWayne
School DistrictDetroit
Construction & Systems
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/6/2024
Source: SparkMLS
Tax Information
Annual Tax$1,248
Tax Year2025
State Equalized Value$31,500
Assessed Value$31,500
Parcel #15004985.
Source: Public Records
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Vernard Hester
Hester Financial Group
Frequently Asked Questions about 7111 E 7 MILE East Road, Detroit, MI 48234
Which school district serves 7111 E 7 MILE East Road, Detroit, MI 48234?
Per MLS# 20240014361, 7111 E 7 MILE East Road, Detroit, MI 48234 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 7111 E 7 MILE East Road, Detroit, MI 48234?
Per public tax records, annual property taxes for this property are $1,472. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 7111 E 7 MILE East Road, Detroit, MI 48234 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What utilities serve 7111 E 7 MILE East Road, Detroit, MI 48234?
Per Michigan Public Service Commission service territory data: Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Tax Estimate
$
Annual tax$2,589
Monthly$216
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$1,383
Principal & interest$1,167
Property taxes$216
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
7111 E 7 MILE East Road, Detroit, MI 48234
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County
Wayne County
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