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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 Discountsunder the Resources tab.
This is a striking and monumental brick home on a large corner lot. It is 3,800 sq. ft, and has 6 bedrooms and 2.2 baths. A generous brick, 2-story, 2-car garage adds a great value to this marvelous home. The roof is in fair condition and can simply be repaired. With some tuck pointing and brick repair, the exterior will be as good as new. The existing electrical system is in fair condition and could be repaired. The rear porch is missing, and the cement cap on the front porch needs replacement too. This home will need a new kitchen, HVAC, plumbing, doors and windows. It will also need complete exterior waterproofing, and all 4 bathrooms need extensive work.
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.
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.