$19,688

2116 Montclair Street

Detroit MI, 48214

Description

This 3 bedroom 1.5 bath investment opportunity is located near the popular East Village, just east of Indian Village and spans from Fischer Street to Cadillac Boulevard and from East Jefferson to Mack. Property is commercially zoned and will support a range of commercial uses. This village has a number of smaller homes in various architectural styles. 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.

Details

MLS#2200062184
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1909
Days On Site254

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,372
Story(s)2 Story
Acreage0.12

Market Activity 48214

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Area Information
StateMI
CountyWayne
CityDetroit
Zip Code48214
AreaDet: Mcclellan East/Mack To Shor
Community NameHENDRIES (PLATS)
School DistrictDetroit
Listing VS Median (in HENDRIES (PLATS))
Price:
$19,688
low | high
Med:
$19,688
50% of Average
SqFt:
1,372
low | high
Med:
1,372
50% of Average
$ / SqFt:
$14
low | high
Med:
$14
50% of Average
On Site:
254
low | high
Med:
254
100% of Average
Sourced by Back At You
Listing Updated: April 15, 2021 8:07:22 PM PDT
Natasha C Richards LogoMLS Number: 2200062184
Listing Provided By:
Natasha C Richards  of  Bellabay Realty Tri Counties
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