Sonic Realty(313) 484-4696

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16891 Fenton Street, Detroit, Michigan 48219

$29,000

Property Details

  • MLS#: 20261072579
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Feet: 848
  • Price per Sqft: $34
  • Lot Size: N/A
  • Year Built: 1930
  • Property Type: Residential
  • Transaction: For Sale
  • Listing Status: Active
  • Days on Market: 31

Tax and Assessment Information

Tax and assessment information is unavailable.

Description

Redevelopment opportunity in solid neighborhood west of Telegraph road. This house is perfect for an investor, developer, or experienced rehabber. Features spacious living room with plenty of potential for value creation. Property is being sold as-is with clean title. Buyer and buyer’s agent to verify all measurements, property information, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, as determined following DLBA review of the development pro forma and financing.

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 16891 Fenton Street?

16891 Fenton Street is listed at $29,000, or $34 per square foot.

How many bedrooms does 16891 Fenton Street have?

This property has 3 bedrooms and 1 bathrooms, with 848 square feet of living space.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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