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About This Home
This 2-bedroom, 1-bathroom single family at 8067 Homer Street in Detroit, MI is listed for $22,000 ($32 per sqft). Built in 1916, the home offers 678 sqft of living space on a N/A lot.
Don't miss this investment opportunity in the heart of Southwest Detroit! This 2 bedroom home needs a full rehab top to bottom, but don't let that scare you away. 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.
Key Features
- Built in 1916
- 2 stories
Property Details
Monthly Cost Estimate
$118/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8067 Homer Street
Detroit, MI 48209
Sullivans Sub
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 1-bathroom single family at 8067 Homer Street is listed at $22,000 ($32/sqft). The estimated monthly payment is $95 based on 20% down at 6.5% interest.
Key features include: Built in 1916, 2 stories.
This property is listed by Natasha C Richards and can be reached at (248) 274-6614 or natasharichards@comcast.net.
