In celebration of Veterans Day, the Detroit Land Bank Authority is excited to announce a new Veterans Discount Program allowing eligible U.S. Veterans to receive a 50% discount on select  Auction  Properties. For specific details please view the Veteran Discount Purchaser information online by selecting Discounts under the Resources tab

 

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Neighborhood: Regent Park

Built in 1950, this charming house could make a lovely home for a variety of potential buyers. With close to 700 square feet of living space, the property features include:

  • Basement
  • Spacious rear yard

Located within the Regent Park neighborhood, purchasers will enjoy many area amenities, such as:

  • Edmore Marbud Park
  • Dining and retail along Gratiot and 8 Mile Rd.
  • Heilmann Recreation Center

Purchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Inspection/Condition 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.

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