BEDS0
BATHS4 full
SQUARE FEET4,908
MLS#20251037225
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLinwood Heights
SCHOOLDetroit
Property Description
Discover an exceptional opportunity in the heart of one of Detroit’s emerging neighborhoods! This 4-unit multifamily property with almost 5,000 square feet offers great potential. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.14 Acres
Year Built: 1925
Feature Descriptions
Architecture: Colonial
Days on Site: 206
Exterior: Brick
Foundation: Basement
Lot Dimensions: 0.14 Acre(s)
Road Frontage: Paved
Summer Tax: $2319.0000
Winter Tax: $0.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Bellabay Realty Tri Counties
Agency Phone: (248) 274-6614
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 176.56 per month $167.81 Principal & Interest $0.00 Property Tax (data not provided by mls) $8.75 Homeowner's Insurance
3336 Monterey Street | MLS# 20251037225
This multi-family property located at 3336 Monterey Street, Detroit, MI 48206 is currently listed for sale with an asking price of $30,000. Monterey Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.