Auction Property Details

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  • f174325956944d73.jpg?t=1475035751 Auction

Neighborhood: North End

***Please note: The debris in this property will not be removed by the DLBA.  The purchaser will responsible for cleaning out the property.***

 

Built in 1908, this multi-unit is ideal as an income property or for a large family. With nearly 1,300 square feet of living space, the home includes:

  • Bay Window
  • Hardwood Floors
  • Spacious backyard with deck

Located in the North End, the property is nearby a number of amenities, including:

  • Woodward Avenue
  • The dining and entertainment options of the New Center District Future terminus of the M-1 rail
  • M-10 and I-75 Expressways

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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COLLUSION (BID-RIGGING) IN AN AUCTION IS A CRIME

Collusion between bidders in a DLBA auction, which is also known as “bid-rigging,” is a type of fraud and a violation of Federal antitrust laws. The DLBA takes the integrity of its auctions very seriously and bid-rigging is unfair to competing bidders and, ultimately, to the people of the City of Detroit. If the DLBA finds evidence of collusion in an auction, it reserves the right and will not hesitate to, as appropriate, reject specific bids, cancel an entire auction (in each case keeping the deposits or downpayments of the colluding parties), and/or pursue criminal prosecution of the parties involved to the fullest extent of the law.


By clicking proceed, you agree to a hold being placed on your credit card. The hold amount will be 10% of your maximum proxy bid, not to exceed $5,000.00. The winning bidder's credit card will be charged the hold amount and is non-refundable. The balance of the winning bid will be due at closing. If you are not the winning bidder, please allow 5-7 business days for the hold amount to be released.
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