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.
- Price:
- $2,625
- Full Baths:
- 2
- Square Footage:
- 3,040
- Acreage:
- 0.15
- Year Built:
- 1914
- Listing ID #:
- 2200050073
- Street Address:
- 6176 16th St
- City:
- Detroit
- State:
- Michigan
- Postal Code:
- 48208
- County:
- Wayne
- Community:
- Det: Livernois-I75 6-Gd River
- Subdivision:
- Bendelows Sub
- Listing Status:
- Active
- Listing Type:
- Multifamily
School District: Detroit
- Architecture Style:
- Townhouse
- Basement Type:
- Common
- Foundation:
- Basement
- Foundation Material:
- Block
- Has Basement:
- 1
- Number Of 2 Bedroom Units:
- 2
- Number Of Units:
- 1
- Siding:
- Brick, Vinyl
- Stories:
- 2 Story
- Total Building Square Footage:
- 3040
- Year Built:
- 1914
- Conforms To Zoning:
- Multi-Family
- Road Frontage Type:
- Paved
- Days On Market:
- 1060
- Financing Options:
- Cash
- For Sale Or Lease?:
- Sale
- Summer Tax:
- 0.0000
- Winter Tax:
- 0.0000
- Existing Water:
- Public (municipal)
- Heating:
- Forced Air
- Heating Fuel:
- Natural Gas
- Sewage Type:
- Public Sewer (sewer-Sanitary)
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IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2023 Realcomp II Ltd. Shareholders
