16164 MONICA Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48221
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 801 sqft
Price per Sqft $5
Subdivision Addison Heights (Plats)
MLS Listing ID 20221046759
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1926
Lot Size 3,920 Sqft
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 Det 6-Tire - Grnfld - Livernois
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Description 1 Car
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal)
Structure Type Wood
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash