Redevelopment opportunity in solid neighborhood west of Telegraph road. This house is perfect for an investor, developer, or experienced rehabber. Features spacious living room with plenty of potential for value creation. Property is being sold as-is with clean title. Buyer and buyer's agent to verify all measurements, property information, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation of previous development experience. 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, as determined following DLBA review of the development pro forma and financing.
Listed By
Agency Name: Next Level Realty & Investments
Agency Phone: 7345060076
Shown By
Agent Name: The Realty Couple
Agent Phone: (734) 506-8841
Agency Title: Key Realty
Estimated Payment
$ 331.51 per month $162.22 Principal & Interest $160.83 Property Tax $8.46 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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16891 Fenton Street | MLS# 20261072579
This single family home located at 16891 Fenton Street, Detroit, Mi 48219 is currently listed for sale with an asking price of $29,000. This property was built in 1930 and has 3 bedrooms and 1 full baths with 848 sq. ft. Fenton Street is located in the H I T C H M A N S L I T T L E F A R M S subdivision within the Detroit school district. Search H I T C H M A N S L I T T L E F A R M S real estate on www.therealtycouple.com today.