This attractive Victorian-style 5-unit building has much to offer potential buyers. Purchasers will enjoy much about the multi-unit structure, including:
Bay windows
Front porch
Basement/ Unfinished
Located on a solid block in the walkable neighborhood of Mexicantown, this property is well-situated near many area amenities such as:
Clark Park, a premier park containing baseball fields, an outdoor amphitheater, ice hockey rink, and playgrounds
Earhart Elementary & Middle School
Western International High School
Retail & dining options along W. Vernor such as Cafe con Leche, Taqueria El Rey, and Mexicantown Bakery
Easy access to I-75 expressway
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.
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.
Please note that the rehab cost will often cost more than the winning bid price. Failure to bring a property up to code within 6 months will result in forfeiture of property (9 months for historic properties). Auction dates are subject to change. Check the site regularly to be aware of any schedule changes.
Public Notice
PROPERTY OWNED BY THE DETROIT LAND BANK IS NOT OPEN TO THE PUBLIC. ACCESS TO OR ENTRANCE UPON SUCH PROPERTY WITHOUT THE WRITTEN CONSENT OF THE DETROIT LAND BANK AUTHORITY CONSTITUTES TRESPASS, AND IS A VIOLATION OF MICHIGAN LAW. TRESPASSERS MAY BE SUBJECT TO CIVIL AND CRIMINAL PENALTIES.