OPEN HOUSES HELD @ OUR MODEL 1636 MERRICK! OFFERING $7,500 UPGRADE CREDIT. MODEL AVAILABLE FOR PRIVATE SHOWINGS. ASK ABOUT OUR RATE BUY DOWN INCENTIVE AND SPECIAL FINANCING OPTIONS WITH OUR PREFERRED LENDERS, INCLUDING 0% DOWN AND NO PMI FOR QUALIFIED BORROWERS! OCCUPANCY EXPECTED DECEMBER 2024/ JANUARY 2025. The Terraces at Woodbridge is a new condominium development located at the corner of Avery and Merrick Streets, in the northern part of the highly sought after Woodbridge neighborhood, just a block from the Woodbridge Pub, Pie Sci Pizza, Lexington Bar, Bash Izakaya, and a short walk to Barda, Cafe Prince, etc. This 3-bedroom, 2-1/2 bath townhome includes a private rooftop terrace, and a private courtyard. 15 YR NEZ NEW CONSTRUCTION PROPERTY TAX ABATEMENT ELIGIBLE for principal residents.
This property is sold with 4200, 4206,and 4214 18th St. Not sold separately. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
ASK ABOUT OUR $10K UPGRADE CREDIT INCENTIVE AND SPECIAL FINANCING OPTIONS WITH OUR PREFERRED LENDER. Sycamore Park is a high-quality townhome community with proximity to many popular restaurants, shops, and entertainment. This stylish 3 story, 2 bedrooms, 2.5 baths features a private courtyard, rooftop terrace, and 1-car detached garage with 1 car tandem surface parking spot. The living, kitchen, dining, and powder room are on the ground level. 2 bedrooms and 2 full baths, plus laundry room on the second level. Massive 3rd floor bonus room with wetbar and direct access to rooftop terrace. Principal Residents qualify for a 15 year NEW CONSTRUCTION NEZ PROPERTY TAX ABATEMENT. Occupancy anticipated Early 2025.
The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan 48208 has a population of 645,658. Detroit 48208 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48208 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48208 is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.