Auction Property Details
- 16211 Princeton, Detroit, MI 48221
- District: 2
- Area: 1920Sq. Ft
- Year Built:
- Water Line Cut: No
- Water Line Cut: No
- 0 Beds
- 0 Baths
Neighborhood: Martin Park
Built in 1926, this brick Tudor-style duplex with shingle siding is perfect as an income property. With just over 1,900 square feet of living space, the home contains:
- Front porch
- Many windows, creating a bright interior
- Leaded glass windows
- Arched entryways
- Fireplace
- Cove ceilings
- Dining room
- Wood floors
Located in Detroit’s Martin Park neighborhood, the property also benefits from close proximity to a range of amenities, including:
- The shopping and dining options of the up-and-coming Avenue of Fashion on Livernois
- Palmer Park
- Newly-constructed Mumford High School
- Highly-regarded University of Detroit, Mercy
- Neighborhoods such as Palmer Woods, Sherwood Forest, and the University District
Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Pre-Sale Inspection Report for more detail. Please also note that at closing the purchaser will be responsible for paying all properly-assessed property taxes not otherwise exempt pursuant to the statutory authority of the Detroit Land Bank.
Properties purchased between November 1st, 2015 and March 1st, 2016 will receive an automatic 90-day extension. In other words, purchasers will have 9 months to rehabilitate the property, or 12 months for properties located within an historic district.
Finally, please note that any discounts on the purchase (i.e. the city employee discount); will be granted at the time of closing on the sale. The purchaser will be charged $1,000.00 upon winning the bid, regardless of any discounts.