16551 Avon Ave, Detroit, MI 48219
- $25,000
- 3
- BD
- 1
- BA
- 1,952
- SqFt
- Sold Price
- $25,000
- List Price
- $25,000
- Closing Date
- May 17, 2024
- MLS#
- 20240024685
- Status
- CLOSED
- Bedrooms
- 3
- Bathrooms
- 1
- Total Square Footage
- 1,952
- Subdivision
- MYLAND SUB (PLATS)
Property Description
Don’t miss this investment opportunity in Rosedale Park! 3 bedroom colonial available for your vision!! 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. be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development
Additional Information
- Year Built
- 1939
- Basement Type
- Unfinished
- Foundation
- Basement, Block
- Acres
- 0.12
- Style
- Colonial
- Acres
- 0.12
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Description
- None
Mortgage Calculator
Courtesy of Bellabay Realty Tri Counties 2482746614
Selling Office: Bellabay Realty Tri Counties.
IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . Copyright 2026 Realcomp II Ltd. Shareholders. 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.