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Auction Property Details

  • eb831d6c4a4187af.jpg?t=1473998831 Auction

Neighborhood: Boston Edison

With three imposing gabled dormers, an intricate pediment with matching pilasters, and a handsome brick façade, this home exemplifies the elegance of the Colonial Revival style. Inside, visitors will find elaborate wainscoting, formal dining areas, an ornate fireplace, and extensive hardwood floors.

 

Built in 1919, the property is located in the beautiful and historic Boston-Edison neighborhood and offers convenient access to a range of amenities, including:

  • The M-10 expressway
  • Henry Ford Hospital
  • Restaurants and cafes of New Center
  • Gordon Park
  • The future terminus of the M-1 rail

This property is in the local Boston-Edison Historic District. Purchasers will need to obtain Detroit Historic District Commission approval for all major exterior improvements.

 

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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