$258,000

This home is part of a Community Land Trust (CLT) program, offering permanently affordable homeownership by holding the land in trust. Buyers must qualify at less than 80% AMI ($56,600 for an individual, $64,650 for two people). Monthly CLT dues are $50. All buyers receive support through MiSide for pre-qualification and consultation, and five briefed lenders are available for financing, though any lender can be used. Suggested pricing includes delivery, setup, and finishing. Experience modern comfort at 2838 16th Street, Detroit – a brand new, thoughtfully designed 1342sqft home with 3 bedrooms and 2 baths. This home is built using innovative modular construction methods, ensuring high quality and efficiency. Situated in the heart of Detroit's North Corktown neighborhood, it offers views of the iconic Michigan Central Station and is within walking distance of Corktown's many amenities. The exterior boasts durable cement board siding, upgraded windows, a significant gable overhang, and a distinctive roof design with quality shingles and brushed nickel exterior door knobs. Inside, a welcoming atmosphere with finished walls features classic 6-panel doors, creating a cohesive design throughout. The kitchen is equipped with handsome oak cabinets, ample storage with soft-close features, a stainless steel sink, and new stainless steel appliances, including a dishwasher, side-by-side refrigerator, and a smooth top cooktop. Durable vinyl plank flooring and recessed LED lighting are found throughout, with comfortable carpet in the bedrooms. Bathrooms are elegantly appointed with spacious tub/showers, modern toilets, and a stylish tiled backsplash. High ceilings and a whole-house fan contribute to comfort and efficiency. This energy-efficient home includes a 50-gallon water heater and a 10-year warranty.