Do Real Estate on the Go!
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Do Real Estate on the Go!
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$257,000
3 Beds
- 3 Baths
2 full baths + 1 half bath
1,534sqft
2844 16Th St, Detroit, MI 48216 1112
$257,000
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Single Family Residence
Built in 2024
$50/mo HOA
3,049.2 sqft lot
$168/sq.ft
Description
This home is part of a Community Land Trust (CLT) program. A CLT is a non-profit organization that provides permanently affordable homeownership opportunities by holding the land in trust and selling the home itself to the buyer. This structure keeps homes affordable for generations.To qualify, buyers must have an income less than 80% AMI ($56,600 for an individual or $64,650 for two people). Monthly CLT dues are $50. All buyers will be supported through the buying process through a buyer pre-qualification and consultation with MiSide. Buyers can finance their purchase using any lender, though five lenders have been briefed on the unique aspects of the CLT purchase proces...
Continue ReadingProperty Details
Status
Pending
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
2024
HOA Fees
$50 Monthly
Finished Area
1,534 sqft
Lot Size
3,049.2 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60947261
MLS Status
Pending
Days on Market
59
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