$4,500
Est. payment /mo
2 BD
1 BA
801 SqFt
Active
16164 MONICA Street Detroit, MI 48221 2966
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UPDATED:
05/30/2024 02:17 AM
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 801 sqft
Price per Sqft $5
Subdivision Addison Heights (Plats)
MLS Listing ID 60150155
Style 1 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 801
Year Built 1926
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35.00 x 111.00
Property 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
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Garage Yes
Building
Story 1 Story
Foundation Basement
Water Public Water
Architectural Style Ranch
Structure Type Wood
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Estate One-Southfield