• 16516 Fairmount Dr, Detroit, MI 48205
• District: 3
• Area: 713^{Sq. Ft}
• Year Built:
• Water Line Cut: No
• Water Line Cut: No
• 0 Beds
• 0 Baths

Neighborhood: Regent Park

With just over 700 square feet of living space, this quaint home will appeal to a variety of buyers. Built in 1944, the home features many desirable qualities, such as:

• Cove ceilings
• Wood floors
• Arched entryways

Located within the Regent Park neighborhood, the home is close to many nearby amenities, such as:

• Retail and dining options along Kelly Rd. and 8 Mile
• Bringard Boulder Park
• Chandler Park Academy High School
• Eastland Center Mall

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.