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Tim Courtney
REALTOR®, Associate Broker
(734) 564-7780

16561 Monica Street, Detroit, MI 48221

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16561 Monica Street, Detroit, MI 48221
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Comments for 16561 Monica Street, Detroit, MI 48221

Calling all investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.


Estimated Monthly Payment: $20.20 (including taxes & insurance estimates)

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Property Details

City: DetroitProperty Type: Residential - Single Family
Subdivision: ADDISON HEIGHTS (PLATS)Lot Size: 0
School District: DetroitGarage: 2
Bedrooms: 3Bathrooms: 1 full
Status: ActiveSquare Feet: 704
Year Built: 1924MLS#: 20221048969

Property Features

Property Type: Residential - Single FamilyGarage/Parking: Detached
Architecture: BungalowHeating: Forced Air
Basement: UnfinishedHome Style: Bungalow
Days on Site: 109Lot Dimensions: 35X111
Exterior: BrickParking Notes: Detached
Foundation: BasementRoad Frontage: Paved
Frontage Feet: 35Summer Tax: $557.0000
Fuel Type: Natural GasWinter Tax: $49.0000
Garage: 2Year Built: 1924

School Information

School District: Detroit

Listed By

Agency Name: RCH Brokerage Legacy Inc
Agency Phone: (248) 440-2268

Shown By

Agent Name: Tim Courtney
Agent Phone: (734) 564-7780

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