About 1695 Monterey Street
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.
Features of 1695 Monterey Street
| MLS® # | 20261013268 |
|---|---|
| Price | $15,000 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,772 |
| Acres | 0.16 |
| Year Built | 1916 |
| Type | Residential |
| Sub-Type | Colonial |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 1695 Monterey Street |
|---|---|
| Area | 05043 - Det: Livernois-I75 6-Gd River |
| Subdivision | ROBERT OAKMANS MONTEREY HEIGHTS SUB |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48206 |
Amenities
| Parking | 1 Car Garage, Detached |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Construction | Block |
|---|---|
| Foundation | Basement, Block |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Next Level Realty & Investments |
|---|---|
| Contact Info | catina@nextlevelsells.com |