$4,500
Off Market

16164 MONICA STREET

Detroit, MI 48221
801 sqft | 2 beds | 1 bath | #20221046759
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to the latest offering from the Detroit Land Bank Authority. 2 bedroom frame home just ready for your renovation touches. Property needs a full rehab and all buyers are required to follow DLBA offer guidelines in order to purchase. 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. Please refer to DLBA proposal guidelines

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths1.00
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Square Feet801
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1926
  • Community and Neighborhood Details
      • School DistrictDetroit
      • RegionDetroit
      • CountyWayne
  • Financial Details
      • Original List Price$4,500
  • Other
      • MLS #20221046759

Location

Workhorse Realty LLCReal Estate Group