Auction Property Details

  • 7e9b7a6540571080.jpg?t=1472011624 Auction

Neighborhood: Islandview

Built in 1908, this spacious shed roof duplex has much to offer potential buyers. With nearly 2,800 square feet of living space, the duplex contains a variety of attractive qualities, such as:

  • Large front porch
  • Bay windows
  • Wood floors
  • Spacious rooms
  • Side lot on the corner of E Grand and E Congress (150 E Grand)

Located within the Islandview neighborhood, this home enjoys proximity to many nearby amenities, such as:

  • Detroit Waldorf School
  • Thomas Mollicone Playground
  • Retail and dining options in nearby West Village
  • Butzel Family Recreation Center
  • Butzel Playground
  • Pewabic Museum and Studio

This property is located within a National Historic District. For more information about what that means, please read the following:

  • The National Register of Historic Places (NRHP); is the list kept by the National Park Service of the country’s places worth preserving. NRHP listing means that your building or neighborhood has special architectural, historical, or cultural qualities that are recognized.
  • This is primarily an honorary designation. Your property is subject to NO legal protections or regulations.
  • Majority of research has shown that your property values will increase faster than if you lived in an undesignated neighborhood.
  • Commercial or income-producing buildings are eligible for a 20% federal rehabilitation income tax credit. Unfortunately, a similar rehab tax credit does not exist for owner-occupied residential properties.
  • For more information about the National Register, please visit www.nps.gov/nr or contact Jennifer Reinhardt at [email protected]

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.

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