Price Reduction
Address
6176 16Th Street Detroit, MI
Price
$ 2,625
Property Attributes
- ML#2200050073
- TypeMulti-Family
- CountyWAYNE
- CityDetroit
- AreaDet - Livernois-I75 6-Gd River
- NeighborhoodBENDELOWS SUB
- Zip48208
- StyleTownhouse
- Price$ 2,625
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3040
- Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Bellabay Realty Tri Counties
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.
| Price History | |
|---|---|
| 7/9/2020 | Listed $4,500 |
| 10/27/2020 | 23% - $3,500 |
| 1/4/2021 | 25% - $2,625 |
General Features
| Basement Type | Common |
|---|---|
| Construction Materials | Brick, Vinyl |
| Cumulative Days on Market | 205 |
| Gross Scheduled Income | 0.00 |
| Heating | Forced Air |
| Listing Agent Public Id | 292343 |
| Net Operating Income | 0.00 |
| Originating MLS | Realcomp II Ltd |
| Ownership Status | Government Owned, Short Sale - No |
| Parcel Number | W10I006212S |
| Property Type | Multifamily |
| School District | Detroit |
| Sewer | Sewer-Sanitary |
| Short Sale | No |
| Status | Active |
| Subdivision Name | BENDELOWS SUB |
| Terms Offered | Cash |
| Total Sq Ft | 3040 |
| Transaction Type | Sale |
| Year Built | 1914 |
| Zoning | Multi-Family |
Interior Features
| Basement Y/N | Yes |
|---|---|
| Full Baths | 2 |
| Heating Fuel | Natural Gas |
| Total Baths | 2.00 |
| Total Units | 2 |
| Unit Count | 1 |
Exterior Features
| Architecture Level | 2 Story |
|---|---|
| Architecture Style | Townhouse |
| Foundation | Basement |
| Foundation Materials | Block |
| Lot Size Area | 0.15 |
| Lot Size Dimensions | 60.00X112.00 |
| Water Source | Municipal Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX provided courtesy of Realcomp II Ltd., via Linked Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for 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.
Data is updated as of January 25, 2021 1:01 PM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
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