This distinctive front-gabled home is rehab ready. Situated in the historic Petosky-Otsego community, this 1922 charmer is blocks from Durfee School and Central Collegiate Academy, and moments from Henry Ford Hospital, New Center and Hamtramck dining and shopping destinations, and M-10. Dominated by a central chimney focal point, the exterior of the home boasts strong lines, a traditional brick and cedar shake facade, and a sunny, oversized front porch. Inside, much of the plaster has been removed, allowing for enormous flexibility in redesigning the space. Despite this demolition work, many of the original and historic features remain, including a stunning carved brick and wood fireplace, old growth hardwood flooring, and intricate built-ins. Though a beautiful home, the purchaser should plan on making many repairs, including extensive drywall and plaster work, window and door replacement, electrical upgrades, and kitchen and bathroom overhauls.
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
