16164 MONICA Street

16164 MONICA Street

Detroit, Michigan 48221

2 Beds | 1.00 Baths | 801 sq.ft. | Built 1926 | Residential

Active $4,500

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

Essential Information

MLS#20221046759 | Neighborhood: ADDISON HEIGHTS (PLATS) | School District: Detroit | County: Wayne

Property Features

Architecture: 1 Story | Heating: Forced Air | Garage: Yes | #Garage/Parking Spaces: 1 Car | Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street | Directions: Livernois to Puritan and right on Monica

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