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    6176 16TH Street

    Detroit, MI 48208
    • $2,625
    • STATUS: Active
    • ON SITE: 388 days
    • ID#: 2200050073
    UPDATED: 32 min ago
    $2,625
    • 0
      BEDS
    • 0.15
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 3,040
      SQFT
    • $1
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    60.00X112.00

    School Ratings & Info

    School District:

    Description

    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.

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-08-02T08:56:15.713.
    www.purchasemi.com/homes/107688654
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    6176 16TH Street Detroit, MI 48208

    • Price: $2,625
    • Status: Active
    • Updated: 32 min ago
    • ID#: 2200050073
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,040
    SQFT
    $1
    $/SQFT
    1914
    Built
    Neighborhood:
    Bendelows Sub
    County:
    Wayne
    Area:
    Det: Livernois-i75 6-gd River
    School District:
    DETROIT
    Property Description
    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.
    Exterior Features

    Architecture Level 2 Story Architecture Style Townhouse Construction Materials BrickVinyl Foundation Details Basement Foundation Materials Block Lot Size Dimensions 60.00X112.00 Pool YN No Road Frontage Type Paved Waterfront YN No

    Interior Features

    Basement Type Common Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 3040 Sq Ft Total Basement 1520 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 0.00 Income Projection Actual Land Contract YN No Legal Rental Certified YN No Listing Financing Cash Monthly Rental Income 0 Net Operating Income 0.00 Number Of Units Leased 0 Ownership Status Government OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 90 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Total Tax 0.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 6176 16TH ST Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri Counties and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-08-02T08:56:15.713.
     
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