16212 Turner St, Detroit, MI 48221

$4,500
3
BD
1
BA
1,080
SqFt

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Sold Price
$4,500
List Price
$7,500
Closing Date
Jun 24, 2025
MLS#
20240003594
Status
CLOSED
Bedrooms
3
Bathrooms
1
Total Square Footage
1,080
Subdivision
THE GARDEN ADDITION (PLATS )

Property Description

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.

Additional Information

Year Built
1926
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.07
Style
Bungalow
Acres
0.07
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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Calculator source: Real Geeks

Courtesy of Real Estate One-Southfield 2487230055

Selling Office: Max Broock, REALTORS-Royal Oak.

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