4255 16TH Street Detroit, MI ^$ 57,120

4255 16TH Street

^$ 57,120

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4255 16TH Street

Detroit, MI, 48208

^$ 57,120

Studio Baths0.0

Monthly Estimate*

^$ 399

4255 16TH Street, Detroit, MI 48208 - Image 1

Studio

Lots and Land for sale in Detroit, MI

for $57,120. The lot size is 0.21.

Residential infill development opportunity in Core City. The addresses included in the sale are: 4255 and 4265 16th Street. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of DetroitÃ¢â¬â¢s Planning and Development Department for additional context about the neighborhood.

Lots and Land Active

Price

^$ 57,120

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Land

Lot Size

0.21

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60187838

Features

General

Possession At Close

Water Public Water at Street

Status Active Active

Subdivision SUB OF PC 44 (ALSO PG 3) (DEEDS) MI

Style Vacant Land

County Wayne

Class VACANT LAND

Type Vacant Land

Percent Ownership Government Owned

Municipality Detroit

Zoning Multi-Family Residential

Area Detroit (82001)

Primary City Detroit

Directions Buchanan to 16th Street

City Detroit

School District Detroit City School District

Street Name 16TH

Financial Terms Cash

Legal Description W 16TH 477 SUB OF P C 44 L68 P2-3 DEEDS W C R 10/31 40 X 119.08A

DOM 448

Postal Code 48208

Price Per Sq Ft 272000

Coming Soon

Exterior

Frontage 80

Lot Size Area 0.21

Lot Dimensions 80.00 x 119.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

James Bufalino

Listing Agent

Premier Property Services Llc

Broker

james@ppsam.com

Affordability Calculator

$399

Per Month

Monthly Principal & Interest: $399
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Detroit, MI

Average List Price ^$71,382

Percent of Sale Price 25%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/1/2023	$57,120		Listed Price

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4255 16TH Street, Detroit, MI, 48208 is a Lots and Land for sale at $57,120 with a lot size of 0.21. 4255 16TH Street is a studio with 0.0 baths. The property's zip code is 48208 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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4255 16TH Street

Lots and Land for sale in Detroit, MI

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