6176 16th Street

Detroit, MI 48208

About this property

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.

Date Listed
July 3, 2020
Listing Status
Active
Days On Site
283
MLS#
2200050073

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
iqweb_
Sub-Type
Resale
Year
1914
Garage
0
Pool
No
Story(s)
Property View
No
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$2,625 Active
3,040 SQFT

Presented By Coldwell Banker Weir Manuel Hoppough

Alma

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Get in touch today! Phone: (989) 463-1219
Brokerage
Alma
(989) 463-1219
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Area Information

Det: Livernois-I75 6-Gd River | Wayne County |

$ 2,625
This listing is play_arrow 97.6% lower than the average in the area
$ 111,111 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
283 days on site
This listing is play_arrow 47.3% below the average in the area
537 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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