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About the Listing 103830 - 622765
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.
Listing Highlights for 3336 Monterey
Status
Active
Days on Site
39
Property Type
Multi-Family
MLS ®
60939514
Year Built
1925
Total Square Footage
4,908
Lot/Acreage
0.14
County
Wayne
Neighborhood
Linwood Heights
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4908
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 52.5X120.5
- Zoning: Residential
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $2,319
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
3336 Monterey Detroit, MI 48206
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