16164 MONICA Street, Detroit, Michigan 48221

$4,500

Property Details

MLS#: 20221046759
Bedrooms: 2
Bathrooms: 1
Square Feet: 801
Price per Sqft: $6
Lot Size: 0.09 acres
Year Built: 1926
Property Type: Residential
Status: Active
Days on Market: 1244

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

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 16164 MONICA Street?

16164 MONICA Street is listed at $4,500, or $6 per square foot.

How many bedrooms does 16164 MONICA Street have?

This property has 2 bedrooms and 1 bathrooms, with 801 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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