1695 Monterey StreetDetroit, MI 48206

About

This Home

Development opportunity in up and coming area with lots of revitalization happening. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Room sizes are estimates. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.

Details

Property Type

Residential

Style

Single Family Residence

Year Built

1916

Lot Size

0.16 acres

Garage Spaces

1

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Unfinished

Annual Taxes

$2

MLS #

20261013268

Gallery