$4,500

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16212 Turner Street Detroit, MI, United States 48221

Welcome to the latest offering from the Detroit Land Bank Authority. 3 bedroom frame bungalow in need of extensive rehab. Could prove to be a good investment for the right buyer. 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/or 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. Please refer to DLBA proposal guidelines.

Amenities

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Architectural Style: Bungalow
  • Home size: 1,080 ft2 / 100.33 m2
  • MLS: 20240003594
  • Status: Active

Property brokered by

Real Estate One, Inc.

(248) 208-2900

Get more listing details on brokerage site

Presented by Eugene Kelley II

  • (248) 506-1257

Contact Eugene Kelley II

Contact Agent

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