6176 16th Street
Detroit,
MI
48208
Property Details
List Price: |
$2,625 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
-- |
Agency: |
BellaBay Realty Tri-Counties |
Description/Comments
Lot Size: |
-- |
Property Type: |
Other |
Year Built: |
1914 |
Notes: |
Great development opportunity and includes 6164 16th St. W10I006211S. All offers must be supported by proof of funds for both the purchase price and construction cost. Site includes adj. vacant lot with fence. Inspectors estimate of minimum cost of repairs at $180,000. 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. |
MlsNumber: |
24000668 |
Estimate Your Monthly Payment
Listing Provided By: |
BellaBay Realty Tri-Counties, original listing |
Name: |
BellaBay Realty Tri-Counties |
Phone: |
(248) 274-6614 |
Office Name: |
BellaBay Realty Tri-Counties |
Office Phone: |
(248) 274-6614 |
Agent Name: |
Natasha Richards |
Disclaimer: |
Copyright © 2024 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |