1695 Monterey Street
Detroit, Wayne County
$15,000
3 beds · 1 bath · 1,772 sq ft · House
- Year built
- 1916
- Lot
- 0.16 acres
- Annual taxes
- $2
- Garage
- 1 car
- Days on market
- 230
- MLS number
- 20261013268
Development opportunity in up and coming area with lots of revitalization happening. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Room sizes are estimates. 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, determined after DLBA review of the development pro forma and financing.
Keep looking in Detroit
Listing courtesy of Next Level Realty & Investments · (734) 506-0076
IDX provided courtesy of Realcomp II Ltd. via Raven Real Estate Group, LLC and Realcomp II Ltd, ©2022 Realcomp II Ltd. Shareholders. Updated .
Listings marked with the Realcomp IDX logo are provided through Realcomp II Ltd.'s Internet Data Exchange (IDX). Listings are refreshed from Realcomp every few minutes.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.