Property 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 process and are available for buyers. Step into modern comfort at 2844 16th Street, Detroit – a brand new, thoughtfully designed home offering 1534sqft with 3beds and 2.5baths. This home is built using innovative modular construction methods, ensuring high quality and efficiency. Located in the heart of Detroit in the North Corktown neighborhood, you'll enjoy views of the iconic Michigan Central Station and be within walking distance of Corktown's many amenities. The exterior of the home features durable siding and high-quality windows with a sleek black exterior, complemented by generous eaves and a striking roof pitch. Inside, you'll find a welcoming atmosphere with a cohesive and appealing design throughout. The heart of the home, the kitchen, is equipped with ample upper cabinetry, premium countertops, and a custom bar top. It also features a twin stainless steel undermount sink, and comes complete with new stainless steel appliances, including a heavy-duty dishwasher and a side-by-side refrigerator. Throughout the home, you’ll find durable vinyl plank flooring and modern LED lighting. The bathrooms are elegantly appointed with cultured marble countertops, a spacious tub/shower, and a large tile shower. For peace of mind, a 10-year warranty is included.

Property Features

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