3336 Monterey Street
Detroit, MI 48206
Multi Family · MLS # 20251037225 · Listing courtesy of Bellabay Realty Tri Counties
About this home
Discover an exceptional opportunity in the heart of one of Detroit’s emerging neighborhoods! This 4-unit multifamily property with almost 5,000 square feet offers great potential. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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.
Interior
Systems and utilities
Exterior and lot
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Schools
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.
Location
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