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In observance of the Thanksgiving holiday, the DLBA office will be closed Thursday, November 28 through Friday, November 29, 2024. Regular business hours will resume on Monday, December 2, 2024.
Great Opportunity & Great potential! This beautiful Bungalow style home was built in 1948 and has over 900 square feet of living space. This home has a lot to offer such as:
Nice Picture Window
Large Yard
Hardwood Floors
Basement/Unfinished
Located in the Pershing neighborhood, purchasers will enjoy the nearby amenities the home offers, such as: Retail and dining options along 8 Mile and Conant Farwell Field Dorais Playground features a track for runners and walkers, also playing equipment for youth Pershing High School
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.
Auction
